A.I.M. Users Bulletin Board

[Conrad]

Stocks don't go stale >>grin<<

They don't?

How about asking ENRON Shareholders if they don't. . .

>>grin^3<<

Anyway, you are confirming my gut-feeling on selling Forex Lots when multiple open lots are on the account.
This way my Aim-method of calculating the sale size on the average price would be the easiest.


b]Off topic
Why would it male a difference for tax purposes to sell the lots that have the highest purchase price first? In Holland this would not make any difference as taxation occurs on average Portfolio value and THAT is determined by the average unit price of the equity throughout the year. . . anyway, that is the way it used to be. In the last 9 years I have not been investing so it could well be that one is taxed now on the Year End Value.
I read someplace that taxation rate here on shares and such values is based on the assumption that, win or loose, 4% profit is calculated on the equity value and that 4% is added as investment income which is being taxed just like other income above the exemption limit.

So if one has a € 1000 investment the assumed earnings are € 40 and that is taxed at say 33 %. . . one would pay € 13,33 tax or an effective rate on the € 1000 of 1,33%.

How does that stack up against the taxation on $ 1000 equity in the US?
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PS: I just saw the post of Is 7750 with the Tax Reference on FILO etc. I am going to read it now!