Beginner Investing/IBM & Cost Basis
Expert: Dr. Joseph de Beauchamp - 12/22/2006
QuestionSir:
I am seeking a(n) (online) calculator that will give me an approximation on what my cost basis is for IBM common stock I have owned for 18 years.
I bought the stock long ago - all at once and automatically reinvested dividends and splits.
I am seeking an online calculator that will 'know' about the dividends and splits. The calculator ideally will ask me when I bought the stock and for how much. Then it will show me what the cost basis is today.
Any help you provide in steering me to such a calculator or spreadsheet will be sincerely appreciated.
Thanks in advance!
Bill
AnswerYou are best to send the facts to IBM and let them figure this out. A business analyst calculator would take to long with too many changes to look up the history. Go to IBM and let them figure this out for you. They will have record of the dividends and all the history of your certificate.
Dr. de Beauchamp