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RE: Review: Cost Basis Reduction
A popular application of this is called dollar cost averaging. In this case you spend a fixed amount of money to make regular purchases of units. For example, you might buy $100 of the investment every month. At the end of the year your average cost is $1200/(# units purchased). Same principle as in the article, just applied a little differently.
That sounds like an easy way to execute this strategy!
Thank you, I will review the Application.
Just to be clear, it’s not a particular software application, just an easy way to implement the idea you discussed. :)
Oops I see what your saying. I agree this method is a different way to buy and statistically lower your basis value