Kamala Trump
Verified User
This argument that idiots are making that the crash is somehow "not real" until you take your money out is the most fucking idiotic argument known to man. I pity those who make it out of desperation.
I have not said the crash is an illusion. I have merely stated that I have not lost monetary value unless I cash it in.
The value of the investments I have are what they are when I cash them in. What has hurt my retirement fund is the lack of growth during this time.
The same crashes in the 70s and 80s had people talking about losing tens of thousands of dollars. But the value of those investments went up afterwards.
If I have 100 shares of Company X. I bought these shares at an average price of $50 each. At the high point these shares may have been worth $500. So they were theoretically worth $50,000 when I only spent $5,000.
If the value on the market drops to $10 a share, my investment is only worth $1,000. But I have only lost $4k if I sell my shares now.
If this company does not go out of business, the value will be almost guaranteed to increase. Therefore, if I don't cash the shares in I have not lost anything substantial except the value as collateral for a loan.
Let me ask you, asshat.
If I bought 100 shares at $50 each (and don't sell now or then), and the market high was $500 each and the low was $10 each, how much have I lost?
I spent $5,000
The high was worth $50,000
The low was worth $1,000
Have I lost nothing, $4,000, $45,000 or $49,000?
They are called realized gains vs. unrealized gains d-bag.
lol qft
You guys are speaking of two real and separate concepts as if one exists and the other doesn't.
So the crash is an illusion?I have maintained a strict distance from my 401k. I haven't borrowed against it.
Asshat, you forgot to tell me how much lost?
If none of these losses are real or significant, im suprised the global economy is about to collapse. Your stupidity is merely stupidity.
I didn't finish reading your assinine story problem, honestly. It's irrelevant.
Yet I always own you.Why do you argue with AH anyway Sol ?
He is very self assured and just as assuredly wrong.