ak89
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Posts posted by ak89
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Hi all
i am fairly new to this, so was wondering if someone could help break this down for me, as my maths is leading me to believe I should have more!
I bought 4 shares of TESLA at $1398. Consideration is $5592.
Commission £10.00. Total value of £4498.12.
I then sold 4 shares at $1550. Consideration $6200. Commission £10.00. Total value of £4874.18.
So the difference between the total values is £376.06.
However the difference in considerations is $608.
If I put this in a basic currency converter on google it is saying I should have approx £480. This is quite a significant difference
Please could someone help explain? I am new so I am assuming I am missing something here .
New investor help
in Shares and ETFs
Posted
Hi all
i am fairly new to this, so was wondering if someone could help break this down for me, as my maths is leading me to believe I should have more!
I bought 4 shares of TESLA at $1398. Consideration is $5592.
Commission £10.00. Total value of £4498.12.
I then sold 4 shares at $1550. Consideration $6200. Commission £10.00. Total value of £4874.18.
So the difference between the total values is £376.06.
However the difference in considerations is $608.
If I put this in a basic currency converter on google it is saying I should have approx £480. This is quite a significant difference
Please could someone help explain? I am new so I am assuming I am missing something here .