I’m probably missing something here but as a novice investor I’d like your help
I bought 12 shares for a long term investment at $80. 1 Month later, after earning releases, I bought 12 shares at $70 and again 12 shares at $65 = 36 shares, average cost $71.66
Questions:
1) Is there a way I can sell the lot I bought first (12 shares at $80) so that I do realise a partial loss but, I lower the average cost before eventually it goes up again? 2) How do I calculate my new average price?
Submitted August 23, 2023 at 11:23PM by byondreams https://ift.tt/xYR2eBW
