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

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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