In September of 2014, I purchased 35 shares of AT&T at $35.08 (total cost of $1,227.80)
Over the years, I have reinvested my dividends, so that now I have 53.783 shares (received 18.783 shares through dividends)
My brokerage firm is saying that I have lost $470.33 as of today and am down 25.47%. It is saying that my cost basis total is $1,846.90.
My total value, as of today, is $1,376.31 (53.783 at $25.59)
Why does it say that I have lost money? If I spent $1,227.80 and my current value is $1,376.31, why does my firm say that I am down $470.33 (-25.47%)?
Submitted January 04, 2022 at 10:30AM by 4GvNixon https://ift.tt/32MGIso
