I have been trying to keep quiet but you people forced me to type. You people must learn of the difference of Purchase Price, Total Cost of investment, Gains and Losses or don’t bother to play the stock game. Even worse than those who mislead other are those that try to be condescending to others and brag of a High School Education, as that is not serving you well and you really should further your education.
Basic Investment calculations are as follow...........
Example:
You have your Total Cost = 100 dollars = PPS plus fees
You have your gains = 500 percent (paper gains)
Gain amount is 500 dollars = 100 percent of your total gains
Total portfolio value = 600 dollars
If you lose 20% of your gain = 100 dollars
If you lose 50% of your gains = 250 dollars
If you lose 100% of your gains = 500 dollars = no more gains
At that point, you break even and do not have any further Gains. If the stock goes lower, it cuts into you Total cost and you will have a Loss (paper loss). You cannot lose more than 100% of your Gains!!!
If you want to get into Realized Gains and losses, that will have to happen in another posting, further down the line.
Loved the SFMI Mill pictures Bobby, and how are you other "REAL" LONGS doing? Happy Thanksgiving all.
