I transferred my stock from brokerage A to brokerage B. The partial shares that I had received because of dividends on my stocks disappeared (and they charged me $75 for the transfer … but, that’s not what I’m here to talk about).
Two semi-legal questions that are connected are
- What is the cost basis for the shares in brokerage B?
- What is the purchase date of the shares?
I guess, if / when I sell them I can go back through my records of brokerage A and figure out the best strategy? I don’t sell often (Foolish buy and hold strategy) so I don’t know the detailed ins and outs. I thought you guys could give me some pointers and advice.
Thank you in advance