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It's simply my way of looking at my stock portfolio over a longer time frame.
And it has absolutely nothing to do with the IRS definition of the word "gain".
The word "gain" means to "increase in value".
And if my stock was worth $1000 in March 2009, and it is worth $1500 right now, it increased in value, thereby having a "gain".
If I originally paid $2000 for it, it would be a loss if I sold it based on the IRS definition, but I would still feel I "gained" back 25% of the money I was previously down in March.
So basically unless your stock goes down everyday your a winner. Cool!!!
Huh!! that makes no sense at all. If the stock is not worth at least what you paid for it then you have no increase in valve. The stock is still a loss. it is very dangerous to look at stock the way you are because you think you are winning but you very well may not be. Stock is worthless until you sell it and if you do not sell it for at least what you bought it for you have lost money, value whatever you want to call it.
You are still thinking in terms of IRS "capital gain".
I am well aware of "capital gains" and how they work. I have purchased and sold stocks and mutual funds for many, many years.
But if I had a stock which lost 50% of its value, and I chose to not sell it, and it has since recovered 25%, then I see that increase in value as a "gain" in my portfolio.
It is not a "capital gain" for that specific stock ... but it does mean that my portfolio has increased (aka "gained") in value.
Huh!! that makes no sense at all. If the stock is not worth at least what you paid for it then you have no increase in valve. The stock is still a loss. it is very dangerous to look at stock the way you are because you think you are winning but you very well may not be. Stock is worthless until you sell it and if you do not sell it for at least what you bought it for you have lost money, value whatever you want to call it.
Well I guess in that case since when you were born you weighed maybe 7 lbs, unless you get back down to under 7 lbs no diet will ever result in a net loss of weight eh?
Give it up. If someone takes a loss last year - that's LAST YEAR, it's water under the bridge and nothing can be done about it. All you can worry about is how your investments are doing NOW and how they will do in the future - and right NOW the market is doing VERY WELL. Unless you can turn back time, all that previous loss is OVER and all you can do is look forward.
Well if all you guys are gaining, then you might want to realize your profits and then get back in.
This way if and I said if there is a double dip you won't lose it all again.
Port traffic showed a little improvement this month but nowhere near what the market is doing.
Remember..most of our goods are imported. Christmas buying season is coming up. I thought there would have been a bigger spike in imports as retailers stocked up but there wasn't.
You are still thinking in terms of IRS "capital gain".
I am well aware of "capital gains" and how they work. I have purchased and sold stocks and mutual funds for many, many years.
But if I had a stock which lost 50% of its value, and I chose to not sell it, and it has since recovered 25%, then I see that increase in value as a "gain" in my portfolio.
It is not a "capital gain" for that specific stock ... but it does mean that my portfolio has increased (aka "gained") in value.
Ummmm ok. I don't consider something a gain or increase in wealth until it has surpassed the cash I have put out to buy it but it you want to think a stock worth less then what you paid for it is something to celebrate. Rock on.
Well I guess in that case since when you were born you weighed maybe 7 lbs, unless you get back down to under 7 lbs no diet will ever result in a net loss of weight eh?
Give it up. If someone takes a loss last year - that's LAST YEAR, it's water under the bridge and nothing can be done about it. All you can worry about is how your investments are doing NOW and how they will do in the future - and right NOW the market is doing VERY WELL. Unless you can turn back time, all that previous loss is OVER and all you can do is look forward.
Ken
What the hell are you talking about. Who the heck said anything about going back. I said that if you do not sell it for at least what you PAID for the stock you have not had a gain. I have no clue what you are babbling about.
You are still thinking in terms of IRS "capital gain".
I am well aware of "capital gains" and how they work. I have purchased and sold stocks and mutual funds for many, many years.
But if I had a stock which lost 50% of its value, and I chose to not sell it, and it has since recovered 25%, then I see that increase in value as a "gain" in my portfolio.
It is not a "capital gain" for that specific stock ... but it does mean that my portfolio has increased (aka "gained") in value.
Let me help you out here.
According to your definition what you've done is gained back some of your loss. So right now you've lost less than you had lost before. However, you still have less than you started with.
Hopefully for you this ridiculous market will become even more ridiculous and soon you'll be able to say you've gained back all your losses and now show a profit.
What the hell are you talking about. Who the heck said anything about going back. I said that if you do not sell it for at least what you PAID for the stock you have not had a gain. I have no clue what you are babbling about.
ROFL!!!
This new math is pretty cool. I'm thinking I might be up alot more than I realize this year
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