A.I.M. Users Bulletin Board

[The Grabber]

Re: FIFO or LIFO, etc

Hi Conrad.

Here in the US we are allowed to treat owned share 'consumption' (via Selling) by either method. So for tax purposes, it matters.

Within AIM performance measurement, we here have traditionally reported gains due to selling using LIFO, as that may best represent what AIM does.

Some time ago (years) I figured this out within Lichello's 10, 8, 6, 5, 4 series over the 6 years. Using LIFO is more agreeable.

How one calculates or reports those gains has no impact on AIM controls (PC), pricing or amounts.

In the long run, it doesn't matter once a program is completed (all shares consumed) as the dollars in - dollars out = profit.