I am using yahoo finance when I don't want to log in to my actual account.
I like that I can add different transactions in yahoo And then it shows me my average cost versus the current ticket cost.
but then I realised the average cost is completely wrong. it uses the FIFO system.
So if i make these trades:
* buy 100 ABCD $100
* buy 100 ABCD $200
* sell 100 ABCD $150
I would expect my holdings to be 100 ABCD. Which is correct. I would expect to have 0 realised profit as the avg cost of my 200 was $150.
But instead Yahoo says I made $5000 and hold 100 ABCD with avg cost of $200.
I'm sure this is useful for someone somewhere but it's not useful for me because I'm actually looking at my average cost in My Portfolio when deciding my next move.
is there any other alternative that shows the average cost as the average cost and not FIFO? I've looked at a few other things but they don't allow you to enter transactions on a free account, you can only directly type in your full current holdings and full current cost. I might as well use notepad then.