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Re: seaybiscuit post# 10095

Saturday, 05/04/2019 1:32:17 AM

Saturday, May 04, 2019 1:32:17 AM

Post# of 23619
Not necessarily. One only loses money when they realize a loss by actually selling shares at a price less than what they paid for the shares.

So even though the current price may be a lot less than what they paid for them, if they haven't sold those shares yet they haven't lost a dime.

If they're still holding there's still a chance of selling at a profit in the future. "Realized" gains and losses are all that matters. "Unrealized" gains and losses have no effect on one's bank account.

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