Tuesday, May 16, 2017

ELI5 – Bought stock lower price than current, yet showing negative in broker account. [Help].

Hi guys,

Noob question here, but I’d be grateful for any genuine responses.

I bought the following on March 7th, 2017: VTI 100 shares @ $122.05 BND 98 shares @ $80.60

They’re part of an ETF portfolio that I’m building for long term investing.

The current price of VTI is $123.51 and BND is $81.38. Yet, on my broker page, it shows that I am negative $400 on VTI and negative $280 on BND.

This might be a really noob question, but why is that? Surely if the price per share has risen since I bought them, then I should be in the positive?

submitted by /u/Heinzz
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May 16, 2017 at 07:20PM

from /u/Heinzz