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Re: Poo28 post# 338121

Friday, 02/23/2024 7:58:26 PM

Friday, February 23, 2024 7:58:26 PM

Post# of 350006

There is no such thing as an “ unrealized loss” except in magical thinking


I suggest taking some accounting classes Poopystein!

You have no clue what you are talking about... how embarrassing!

Unrealized Loss
An “Unrealized Loss” is a loss that occurs on paper when the current market value of an asset or investment falls below the price originally paid for the asset, but the asset has not yet been sold. Since the asset is still owned and not sold, the loss is “unrealized” and only exists in theoretical terms. Once the asset is sold at the reduced market value, the unrealized loss becomes a “realized loss,” meaning that it is an actual, not theoretical, loss

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https://www.superfastcpa.com/what-is-an-unrealized-loss/#:~:text=An%20%E2%80%9CUnrealized%20Loss%E2%80%9D%20is%20a,only%20exists%20in%20theoretical%20terms.