accounting for stock trades

David Hampton hampton@employees.org
02 Jan 2003 23:30:02 -0800


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On Thu, 2003-01-02 at 21:31, Ed Warnicke wrote:
> This troubles me.  I expect most people, most of the time, to use a FIFO=
=20
> method for handling flow of commodities into and out of their account ( i=
e most=20
> folks aren't going to think about Lots most of the time ).

Most of the time. I have had occasion when I have needed to specify the
sale of particular shares of stock, and they weren't the oldest shares
of that stock that I was holding so FIFO wouldn't work. Good as a
default though.

David


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