≡	Fund Manager PORTFOLIO MANAGEMENT SOFTWARE

Re: Initial Investments

[ Q1-Q3 99 Archive ] [ Current Message Board ] [ Archives ] [ Search ]

Posted by Mark on March 22, 1999 at 07:28:25:

In Reply to: Initial Investments posted by Richard Trilling on March 22, 1999 at 06:43:04:

: Is it possible t have an intial investment line drawn on the value-cost graph.

: I recently inherited a bunch of stocks and for income tax purchases the capital gains is not calculated from the value of the stock the day I inherited them but from another value supplied to me by the French government.

: Thanks,

: Richard

Hi Richard,
Just record the initial purchase at the price/cost that they were given to you by the
government. Purchase prices are independent of closing prices, so you can buy at 1 price, and the closing price can be different (higher).

Thanks,
Mark
--
Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT

Replies:

| | | |