Hi all,
I know this pretty newbie stuff... Im not sure if this mathematically works out better or worse
so lets say..
Ive bought £500 worth of stock at 50p
Price goes down gradually.
Ive just bought £1000 worth of stock in the same company at 25p - hoping to a small risky profit on this and pull back out.
I thought i would have 2 different holdings but my account has put all the shares together. Giving me an average price.
I can't view the investments as 2 separate ones which was my thought process going into it. Im confused as to how this works.
I know this pretty newbie stuff... Im not sure if this mathematically works out better or worse
so lets say..
Ive bought £500 worth of stock at 50p
Price goes down gradually.
Ive just bought £1000 worth of stock in the same company at 25p - hoping to a small risky profit on this and pull back out.
I thought i would have 2 different holdings but my account has put all the shares together. Giving me an average price.
I can't view the investments as 2 separate ones which was my thought process going into it. Im confused as to how this works.
Buying stock in the same company twice - Confused
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