ST Alpha - "TIL that Schwab is using Average Cost Method for the mutual fund I've been buying in waves starting in 2014." (Reading a Post)

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TIL that Schwab is using Average Cost Method for the mutual fund I've been buying in waves starting in 2014.

Posted by ty97 Oct 1 '24, 12:05

I expected FIFO. I'm not sure I'm ACM is good or bad here.

Responses:

Is this in a taxable account? wouldn’t it only matter if you were redeeming (selling) shares? -- nm* - znufrii Oct 1, 12:14 3
- It's a taxable investment account, not a retirement account. - ty97 Oct 1, 12:58 2
  - Huh. I only invest in ETFs, so it’s not entirely relevant to me, but now I’m curious to find out more. - znufrii Oct 1, 13:22 1
    - I'm mostly in ETFs, but these are funds I started buying years ago, before I knew the joys of ETFs -- nm - ty97 Oct 1, 13:30

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