Calculating Your Investment Cost Basis

Look at the data you collected last week. In order to figure your cost basis, take the price of the stock at purchase times the number of shares. To that add the broker fees, planner fees, front loads if mutual fund. Take this total sum and divide it by the number of shares that you purchased. This is your cost basis per share.

Next week we will look at a stock chart and begin learning how to read a stock chart.

Jo

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