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Term Of The Hour

LIFO stock trading: Original post by Ciaran John of Demand Media When you sell a capital asset for profit you have to pay capital-gains taxes. If you buy shares of a stock at different points in time, and then sell some of those shares, the you would typically assume that you sold your longest held stock first. This is known as the first-in first-out (FIFO) method. However, in some cases you can also use the last-in,…

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