Message Font: Serif | Sans-Serif
No. of Recommendations: 1

You wrote, Since I've only taken a loss on paper at the moment...

Price matters and changes in it should also influence your buying and selling decisions. It may not be the only factor; but it's an important one.

I hate hearing people talk this way. Losses in your brokerage account are always real ... more or less. How real can be affected by the liquidity of the investment; but the broker is always making an honest effort to value your securities at what they can be sold for today. So if your broker says you have a (unrealized) loss. You have a loss - you're just not done with the position yet.

- Joel
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.