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On Mon, 19 Jul 2010 09:09:37 -0400, "Charles C."
wrote: I am curious. How much of the 14 trillion lost on Wall Street represents real money loses and not paper loses. I have very modest investments in the stock market that I started in 1999. and the difference is? 'paper' losses are real losses representing a loss in equity and a loss in the ability to extend further investments Not a 401k. Just small investments that I manage myself. Don't spend much time watching them. Not a day trader type. The paper value of those investments right now is about four to five times the initial investment, despite the meltdown of 2008. I suppose I could complain that without the meltdown the stock values would be much higher, but I don't regard that as loses. Loses would mean the value of the investments today are less than the original deposit into the account. what they represent is a loss of time. if you're 20 you have no problem. in the next 40 years you'll be OK if, however, you're a baby boomer, well that's a different story CC |
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