Replies to post #1197 on Advanced Automatic Investor

[OldAIMGuy]

Hi AIMster, Re: Average Cost/share...................

Depending upon one's notion of accounting, the proceeds could be used to lower the "average cost" but from a tax accounting point of view selling does nothing to change the previous average cost. My guess is that Mark has chosen to use the "tax accounting" model in this regard.

Only buys will then change the average cost going forward (assuming the price/share is different from the current average).

Is this right, Mark?

Best regards, Tom