Cost basis for capitl gains
You can choose an alternative cost basis method for an order. The method will be for a single order only. The method used will be used to calculate the gain or loss for this order or it can be set up for all future orders. Examples are:
(1) First In First Out (FIFO) Shares you acquired first are sold first.
(2)Last In First Out (LIFO) Shares you acquired last are sold first.
(3)High CostShares with the highest cost are sold first.
(4)Low CostShares with the lowest cost are sold first.
(5)Tax Lot Optimizer™Lots are selected and sold with the objective of taking losses first (short-term then long-term) and gains last (long-term then short-term).
My Schwab account allows me to select these different methods and when I do, I often times wind up with my remaining shares in my Scwab account with a different cost basis from VectorVest portfolio. As a result, I am not showing the true net gain or loss remaining in my shares using VectorVest.
Sure would be a nice enhancement.