Timeline for Stock market long term risks
Current License: CC BY-SA 3.0
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Apr 24, 2018 at 13:39 | comment | added | Chris Taylor | "You haven't lost any money until you sell a stock." -- this is incorrect. If you hold a stock that goes to zero, you have lost money whether you sell the stock or not. Similarly, if a stock loses 60% of its market value, you have lost 60% of your investment. You may make it back again later, you may not, but it would be insane to continue marking that stock at the price you bought it at. | |
Apr 24, 2018 at 0:17 | history | answered | Scott | CC BY-SA 3.0 |