Tuesday, September 15, 2015

If I sell stocks at a price greater than the average price paid, does that mean I will turn a profit, as a whole?

Say I have bought Netflix stock at multiple prices over the year. Let's say the average price I paid is $90, and the stock price is at $91. If I sold at $91, even if I bought stock at $100 and some at less (average is still $90), would I make a profit as a whole? Sorry I am too lazy to do the math and I'm not sure if there could be any cases where I wouldn't turn a profit.



Submitted September 15, 2015 at 11:05AM by Lord_dokodo http://ift.tt/1QDlzzl

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