Retire early tip #4, - Know how to calculate your costs

Hey there! Let’s dive into something that’s super important for any investor—understanding your cost basis. It’s the foundation for knowing if you’re making money or not, and it’s crucial for planning your next moves. Put another way, your cost basis is the expense line of your business. Income/expense is how you understand whether you’re profitable or not in any business or investment. Keep it simple, do the second-grade math. Ready for a quick quiz? Let’s see if you can tell the difference between these two… Buy 100 shares at $100 and then buy another 100 shares at $90 Now, buy 200 shares at $100 and then 200 shares at $90 What's the difference in cost basis for those two scenarios? Just hit reply with your answer… Here’s a hint: you’ll need this formula—(Total Cost of Shares) / (Total Number of Shares). Knowing your cost basis helps you make smart decisions and keep track of your profits. It’s all about making sure you know where you stand and where you’re headed. By the way, Nathan recently figured out his cost basis with our help during an [advising call]( and managed to maximize his returns on both Tesla and Apple stock investments. He made $5k by investing smartly and tracking his costs. It’s amazing what a little knowledge can do! Looking forward to your answers! Jerremy and team If you no longer wish to receive these emails you may [unsubscribe](