Cost basis
The value assigned to an asset, generally its purchase price plus the amount of subsequent deposits, that is used to determine a capital gain or capital loss for tax purposes.
RELATED ARTICLES
A Life-Centered Approach to Financial Planning
Learn how the firm’s financial advisors are enhancing the long-standing life-centered approach to deliver clients more meaningful, purposeful guidance.
Behavioral Finance and the Psychology of Investing
In today’s dynamic financial landscape, making sound investment decisions requires not only a keen understanding of market trends but also a deep awareness of the…
The Difference Between Strategic Financial Planning and Wealth Management
You’ve worked hard, you’ve saved diligently, and you’re now at a point where you’re eager to take your strategic financial planning to the next level….