RE: market overheating ?..is it due a small correction....18 Jan 2022 21:04
F
I have been a continuous investor for about 25 years, during which time i increase and decrease my holding depending on the price level.
If an investor buys a 1000 shares at Β£1 and sells 500 at Β£1.50, they may well say that they have taken a profit of Β£250 and hold 500 at Β£1, as you would for any tax involvement.
I do not book a profit for my own records until I have received back more than I have invested.
So the example for my own records I would after the sale be holding 500 shares at a cost Β£250, therefore at 50p per share.
So Lloyds owes me 21.24p per share before I start to make a profit.