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Old October 8th, 2008, 09:20 AM   #20
Bones
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Join Date: 11-06-05
Location: Dearborn Heights, MI
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Quote:
Originally Posted by ladunnkity View Post
its not a loss until you sell it.
agreed, assuming no bankrupcy

Quote:
Originally Posted by clarkstoncracker View Post
You sound like the guy putting his last twenty dollar bill on red after he just cashed his paycheck at the casino.
I just don't see the point in taking a loss now since I dont need the money for a long time. I would basically see a 22% loss if I sold out now. I could sell out, reinvest that money other places, but I think common stocks will recover that 22% faster than reinvesting it into something like gold, etc.
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