Cost Basis is the original cost paid to purchase an asset, usually used for tax purposes. This value is often used to calculate capital gains, represented by the difference between the cost basis and the current market value.
Cost Basis is the original cost paid to purchase an asset, usually used for tax purposes. This value is often used to calculate capital gains, represented by the difference between the cost basis and the current market value.
Level’s Steven Elwell, CFP®, discusses first quarter market performance in this video. Extra emphasis added regarding the upcoming Presidential election
