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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.
It ain't all that complicated.
If the market went down last year - that's HISTORY and NOTHING can be done about it. This year the market is heading back UP.
It ain't all that complicated.
If the market went down last year - that's HISTORY and NOTHING can be done about it. This year the market is heading back UP.
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.
If it was worth $2000 when I originally invested, and was down to $1000 in March, but now is back to $1,500, that is reason to celebrate.
It means I now have $500 more than I did in March, when I was taking a much larger beating!
It also means I made the right decision, and didn't sell at the bottom.
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.
Let me help you out here ....
My portfolio has been up a lot since March .... and I am EXTREMELY happy !!!
I don't make predictions, but what makes you so sure last March was the bottom? Just saying.
Because nearly all economic signs indicate that we are in a recovery, and there is nothing on the horizon to indicate otherwise.
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