Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi all! We have been experiencing an issue on site where threads have been missing the latest postings. The platform host Vanilla are working on this issue. A workaround that has been used by some is to navigate back from 1 to 10+ pages to re-sync the thread and this will then show the latest posts. Thanks, Mike.
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Degiro - first in first out rule

  • 16-04-2020 1:18pm
    #1
    Fol20
    Registered Users, Registered Users 2 Posts: 3,625 ✭✭✭


    Hey guys. I’m using degiro to get shares and I was wondering how everyone documents their shares if they buy the same stock at different levels on different days?

    Does degiro auto do the first in first out rule or is it up to you to document it when it comes to selling.If so what do people do to make a note of it.


Comments

  • #2
    dotsman
    Registered Users, Registered Users 2 Posts: 3,636 ✭✭✭dotsman


    I'm not exactly sure what you are asking. But if you look under "Activity" you can very easily track all your buy/sells. You can choose a date range, filter by individual stock etc.


  • #3
    Wheety
    Registered Users, Registered Users 2 Posts: 5,512 ✭✭✭Wheety


    They don't sell your earliest shares first if that's what you mean. You might buy at different prices but you'll only have one holding of shares.

    Buy 100 @ €1.00
    Then buy 100 @ €1.20

    You now have 200 @ €1.20 as the first 100 have increased in price.

    If you sell 50 @ €1.20, you're left with 150 @ €1.20.

    If you're talking about much larger sums and there's CGT owed, Revenue say it's first in, first out. So in this case the profit on the 50 sold will be based on the first purchase which is €10 profit. Obviously nothing would be owed on €10 but that's how you would work it out with larger sums too. I don't know if Degiro show this, I think you have to work it out yourself.

    Also I didn't take into consideratin any fees.


Advertisement