Suppose I have invested $100K in a stock that was trading at $100 per share. The stock has gone up by 10 percent and is now at $110. I sold 909 units at $110, i.e. 909*$110 ≈ $100K, which is practically the same amount as my initial investment.
The remaining 91 stocks are still owned by me.
My question is: during that sale, how much capital gain did I make?
I am thinking $100K - $100K = $0 gains.
Is that correct?
After seeing the responses, I am adding a bit more to the scenario. If I buy 1000 units in 2018 for 100 Dollars a unit. I buy another 1000 units in 2019 for 50 Dollars a unit because the stock has fallen. I sell all the 2000 units in 2019 for a price of 75 Dollars. What would be my capital gain? Zero?