Followers | 63 |
Posts | 3193 |
Boards Moderated | 0 |
Alias Born | 02/21/2014 |
Thursday, September 21, 2017 7:20:44 PM
You lose money when the market price is below your cost basis whether you sell your shares or not. It is called an "unrealized" loss (on paper), and becomes a "realized loss" when you finally sell those shares.
A smart investor jumps ship when the tide is turning against them, and does not hold on to a losing position forever. A smart investor cuts losses short and let's profits run.
It's called Investing 101.
<<"You don't lose money till you sell below your cost.
The market has its ups and downs and a smart investor will hang on till the tide turns in his favor.">>
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM