mbkelly75 - Why can't dividend reinvesting ever raise your cost basis? As an example, if I buy 100 shares of a $25 stock which then rises to $30 before the first dividend is reinvested, those new shares will have a $30 basis bringing the entire group slightly higher, won't they? Or am I missing something?
On Oct 07 11:47 AM mbkelly75 wrote:
> Dividend re-investing (especially when done > commission-free as my broker does for me) always lowers the cost-basis > - it NEVER raises it. >
Emotionless Dividend Investing [View article]
Emotionless Dividend Investing [View article]
On Oct 07 11:47 AM mbkelly75 wrote:
> Dividend re-investing (especially when done
> commission-free as my broker does for me) always lowers the cost-basis
> - it NEVER raises it.
>