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Selling investments when you don’t know their original cost
ОглавлениеSometimes, you may not know what an investment originally cost you, or you received some investments from another person, and you’re not sure what they paid for them.
If you don’t have the original statement, start by calling the firm where the investment was purchased. Whether it’s a brokerage firm or mutual fund company, the company should be able to send you copies of old account statements, although you may have to pay a small fee for this service.
Also, increasing numbers of investment firms, especially mutual fund companies, can tell you upon the sale of an investment what its original cost was. The cost calculated is usually the average cost for the shares you purchased.