CityFarmer & Specuvestor,
I would appreciate if you can clarify for me why you this is a misleading statement for my better understanding and knowledge?
If I invested in Stock A : 10,000 shares at 1.80 per share. = S$18,000. ( exclude the broker free etc....)
If the stock went to 4.00 per share and I sold 5000 shares at 4.00. = S$20000. ( exclude the broker free etc....)
I recovered my invested capital of 18,000. I also now have 5000 shares which are in essence to me are "free".
On top of that, the dividends I earned so far and the dividends I still earn from the 5000 shares are all at no cost correct?
Appreciate if you can highlight to me where I might have a misunderstanding here?
Thank You for your help.
I would appreciate if you can clarify for me why you this is a misleading statement for my better understanding and knowledge?
If I invested in Stock A : 10,000 shares at 1.80 per share. = S$18,000. ( exclude the broker free etc....)
If the stock went to 4.00 per share and I sold 5000 shares at 4.00. = S$20000. ( exclude the broker free etc....)
I recovered my invested capital of 18,000. I also now have 5000 shares which are in essence to me are "free".
On top of that, the dividends I earned so far and the dividends I still earn from the 5000 shares are all at no cost correct?
Appreciate if you can highlight to me where I might have a misunderstanding here?
Thank You for your help.
(17-08-2014, 03:23 PM)CityFarmer Wrote: I am always skeptical on statement of "recouped all cost already, so it is FOC". It is a misleading statement for newbie, thus my post here.