dow 24000

[It will be fine]

wrong
Never a loss until you sell for less then purchase price

This is so stupid. You bought something. It’s currently worth less than you bought it for. You lost money.

 

[Re-Raise]

This is so stupid. You bought something. It’s currently worth less than you bought it for. You lost money.

I suppose if someone takes 35% of my money out of my checking account...it wouldn’t matter until I tried to take it all out..

It’s just on paper!!! Lol

 

[It will be fine]

I suppose if someone takes 35% of my money out of my checking account...it wouldn’t matter until I tried to take it all out..

It’s only a loss on paper.

 

[oldngray]

This is so stupid. You bought something. It’s currently worth less than you bought it for. You lost money.

Incorrect. Its worth more than I paid. Just not as much as it was.

Did you think everyone bought in at the recent highs?

 

[DriveInDriveOut]

This is so stupid. You bought something. It’s currently worth less than you bought it for. You lost money.

Boy you are obsessed with the semantics of this. Weird.

 

[It will be fine]

Incorrect. Its worth more than I paid. Just not as much as it was.

Did you think everyone bought in at the recent highs?

The value of your asset has decreased. Your hope that it will return to the same value it was is just hope.

 

[oldngray]

The value of your asset has decreased. Your hope that it will return to the same value it was is just hope.

Your hope that it continues to lose value is just hope.

 

[Re-Raise]

Not to make this political..but some of you are actually too stupid to be allowed to vote!


No offense

 

[Jkloc420]

Hard to think the government would let them go under, but you never know. The price is insane though.

they wont

 

[Box Ox]

Not to make this political..but some of you are actually too stupid to be allowed to vote!


No offense

Clearly. You and @olroadbeech are the top brains on this forum. LOL

 

[newfie]

This is so stupid. You bought something. It’s currently worth less than you bought it for. You lost money.

Can I claim this on my taxes?

 

[MAKAVELI]

It’s only a loss on paper.

Green paper.

 

[newfie]

I suppose if someone takes 35% of my money out of my checking account...it wouldn’t matter until I tried to take it all out..

It’s just on paper!!! Lol

That's a physical theft and is a loss. That would be like you stealing my stock and selling it.

 

[newfie]

Not to make this political..but some of you are actually too stupid to be allowed to vote!


No offense

I hope you weren't offended when I accurately assessed you as being a ?

 

[oldngray]

 

[Jones]

Whether it's a real loss depends on your situation. If you're old enough that you have to take RMDs, or if you're retired and relying on regular withdrawals to handle living expenses (not everyone has a pension) then yes you're taking a loss. Thankfully I'm not in either of those groups but I'm sure there are folks dealing with it.

 

[Old Man Jingles]

Wrong. It’s still a loss.

Stup ... as usual!

 

[Old Man Jingles]

View attachment 287069

I keep cash on hand and I pulled all that out and treated.
I am not accepting any change back ... using credit cards only, if possible.

 

[oldngray]

I keep cash on hand and I pulled all that out and treated.
I am not accepting any change back ... using credit cards only, if possible.

Wash your hands after you get your mail too.

 

[Old Man Jingles]

Whether it's a real loss depends on your situation. If you're old enough that you have to take RMDs, or if you're retired and relying on regular withdrawals to handle living expenses (not everyone has a pension) then yes you're taking a loss. Thankfully I'm not in either of those groups but I'm sure there are folks dealing with it.

Anybody that has funds in stock that they need in the next 5 years is very, very ignorant or stupid.
That's what CD's are for and cash equivalents (Fed Reserve) in your 401k.