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Friday, February 23, 2024 4:51:24 PM
And claiming that no one loses money until they sell is one of the stupidest statements ever made....
It's not a loss until you sell is a rationalization that people use to negate reality. An UNREALIZED loss results from holding onto an asset after it has decreased in price, hoping that asset price will eventually recover. Selling the stock converts it to a REALIZED loss. It is a LOSS either way!
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