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cents2ks

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cents2ks

Re: steel58 post# 608032

Friday, 01/17/2020 3:11:38 PM

Friday, January 17, 2020 3:11:38 PM

Post# of 732302
Steel...your brokerage account has several options to control which shares are sold from your account first.

FIFO - First in First out
LIFO - Last in First out

Are the two most common ones.

You can also direct your broker to sell a specific tax lot.

See here:
https://www.investopedia.com/articles/05/taxlots.asp

And call your broker and have them walk you through how to make these decisions on your platform.
It is very important stuff...you must make this decision BEFORE any transaction is Finalized...T+3.

All Comedy, or not, above or below, in this post and my post history in its entirety not to be taken as investment advice

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