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Mnemonic

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Mnemonic

Re: Achilles deFlandres post# 744728

Monday, 01/16/2023 5:28:28 PM

Monday, January 16, 2023 5:28:28 PM

Post# of 867119

You don't lose money until:
1. You sell.



I never understood this argument. Might work for illiquid investments, but certainly not for stocks. It's like if you lose 90% of your chips at a casino but say you haven't lost money till you cash them out.

Future prospects for earning it all back don't change the fact that the investment has depreciated, imo.
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