worried/scared---- ips quesiton

[BaseballRedhawks]

I can’t remember where…. but for individual IPS questions… Are there situations when they tell you a holding as a cost basis of XX and then you need to figure out what the net amount will be in figuring out the return objective?
I know you would msot likely need to list this under liquidity also… but cant seem to remember where i saw/did this a question like this.

 

[S2000magician]

I’m not sure I’m following your question.

 

[Rogue Trader]

You seem worried

 

[BaseballRedhawks]

I remember seeing, but can’t recall seeing exampels where a individual IPS question had information about the cost basis to a persons investments that should be included in their investment base….. can’t seem to find where it is though..

 

[Auburn]

The place to ask this question is at Marc Lefevbre’s boot camp, where he tricks out the IPS in a way that you get it every time, all the time.
The boot camp starts tomorrow …bring your credit card and beg your way in …

 

[Would You Look]

BaseballRedhawks wrote:
I can’t remember where…. but for individual IPS questions… Are there situations when they tell you a holding as a cost basis of XX and then you need to figure out what the net amount will be in figuring out the return objective?
I know you would msot likely need to list this under liquidity also… but cant seem to remember where i saw/did this a question like this.

are you referring to reading 10 with all the future value factors considering several different tax scenarios and with a different cost basis? Or are you referring to the concentrated position reading where an entrepreneur essentially has a zero cost basis in the value of his business and is looking to monetize his position and not trigger a huge tax liability?

 

[BaseballRedhawks]

i believe the latter…
ill look tomorrow, but i think in the IPS calculation, you had to calculate the net amount someone would get back after selling a part of his shares (using the cost basis in the calc)