nav[aria-label="Primary Navigation"] { padding: 0; & ul { list-style: none; width: 100%; display: flex; flex-direction: row; justify-content: start; align-items: start; gap: 30px; padding: 0; & li { margin: 0; } & ul li { list-style: none; } } }

Question on average cost

Don Awalt

This is a curiosity question, on the Investing tab, Security Detail View, there is an Edit button for editing security details. For mutual funds, you can have the "Average Cost" check box checked or not. But that box does not exist for a stock, just for mutual funds (that's the only security types I have). How come the difference? Thanks!

Find more posts tagged with

Accepted answers

Tom Young

"I didn’t know was apparently for stocks you are not allowed to average cost?"

Correct.

"I guess it’s just first in first out?"

No, other costing mechanisms are available but FIFO is the default if you don't specify a different method'

All comments

Jim_Harman

For mutual funds the IRS lets you use average cost to simplify capital gains calculations.