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Old 04-17-2019, 11:24 AM
 
1,800 posts, read 1,226,186 times
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Quote:
Originally Posted by mathjak107 View Post
on paper is just as bad ...all on paper means is you hope it comes back .. but whatever it is it is at this point ..

on the other hand realizing that loss and riding something else back up may have been a better choice ..in the end except taxes there is no difference unless you are never investing again and killing off any chance of making up the loss in both instances..

realizing a loss or gain is a tax issue for the most part ..the effect on your net worth is the same in either case .
Some of those companies have never regained their 2000 highs.
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Old 04-17-2019, 11:25 AM
 
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Quote:
Originally Posted by k374 View Post
My portfolio is still small so my daily variations are usually not over +/- $5k.



I'm not sure I will ever get to that stage... I lost almost $100k in Dec but that was over a 20 day period, was still pretty crazy! To lose 200k in a day, on say a particularly rough day of 5% down, you would have to have a portfolio around $4M in just equities. I suppose if the portfolio was not diversified this could happen with a much smaller amount.
No, not if you are in individual stocks. All bets are off at that point.
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Old 04-17-2019, 01:00 PM
 
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Originally Posted by 1insider View Post
Posted in April 2014. Still have that $60K parked and waiting for the crash?
Lol no of course not.
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Old 04-17-2019, 01:17 PM
 
Location: Denver, CO
1,921 posts, read 4,755,196 times
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Quote:
Originally Posted by mathjak107 View Post
on paper is just as bad ...all on paper means is you hope it comes back .. but whatever it is it is at this point ..

on the other hand realizing that loss and riding something else back up may have been a better choice ..in the end except taxes there is no difference unless you are never investing again and killing off any chance of making up the loss in both instances..

realizing a loss or gain is a tax issue for the most part ..the effect on your net worth is the same in either case .

I suppose there are those who relish taking a 200k realized loss on a one day crash, not me
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Old 04-17-2019, 02:29 PM
 
105,681 posts, read 107,645,851 times
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Quote:
Originally Posted by Moonwalkr View Post
I suppose there are those who relish taking a 200k realized loss on a one day crash, not me
Why not if you can ride back something with not only better opportunity but have a big tax loss harvest too ..... it really has no bearing whether you ride the same investment back up or a different investment back up ...either way you need to make up the same dip
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Old 04-17-2019, 02:33 PM
 
105,681 posts, read 107,645,851 times
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This myth that refuses to die that it is only a loss on paper only would be true if you were never investing again and cashing out for good dashing any hopes of riding back that investment or another with similar or greater gain potential
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Old 04-18-2019, 03:28 AM
 
8,005 posts, read 7,113,793 times
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Originally Posted by Thinking-man View Post
Lol no of course not.

Lacking a crash in the intervening five years, what event spurred you to reinvest the $60K?
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Old 04-18-2019, 07:38 AM
 
4,196 posts, read 6,268,026 times
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Originally Posted by 1insider View Post
Lacking a crash in the intervening five years, what event spurred you to reinvest the $60K?
I don't recall exactly as it was 5 years ago, but I believe i dollar-cost-averaged into the market...
also, because i don't have a mortgage and no debt, i have good cash flow monthly....so saving has never been an issue. additionally, i have a HELOC at 450k (untouched) and credit cards that would be used in case of an emergency. when it comes to a job-loss emergency, having liquid assets in the market, and the fact that our expenses are really low (about 2k a month?) helps alleviate the stress of not having a big chunk of cash sitting around.
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