FIFO to LIFO?


Can you turn a First-In First-Out account into a Last-In First-Out account? So let's just say you've been averaging down on a given stock and you hit the bottom. You buy down and you buy up, but at some point it's nice to get rid of the shares at the top of “the way down”. Once you've done that; is it possible to change the designation of that stock from FIFO to LIFO so any future sell-off takes out the now most expensive shares first?


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