Associate AD [815]
TigerPulse: 75%
Posts: 945
Joined: 9/22/12
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Losses are only realized if assets are liquidated.
[3]
May 22, 2022, 7:17 AM
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Just thought I’d remind the Mods and most of the board members here.
Rich people don’t invest food & rent money in speculative markets. (Trevor Lawrence is rich.)
Also, hey, Mods - posting about financial losses is actually inappropriate, especially when you don’t know your a$$ from a hole in the ground as is apparent by your post.
Regardless, as a paying member, I’d ask you to not do so.
It slows adoption, creates a lot of dangerous confirmation bias, etc.
Just be better; I know it’s slow this time of year.
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All-TigerNet [12535]
TigerPulse: 100%
Posts: 6645
Joined: 12/26/15
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Re: Losses are only realized if assets are liquidated.
[2]
May 22, 2022, 7:23 AM
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Words from a financial advisor or just pot lucking? Not being a wise ###, just need to know
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Associate AD [815]
TigerPulse: 75%
Posts: 945
Joined: 9/22/12
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Re: Losses are only realized if assets are liquidated.
May 22, 2022, 11:06 AM
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No - just a sensible, observant human being unlike the majority of the Koolaid drinkers on this site.
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All-In [42522]
TigerPulse: 100%
Posts: 34033
Joined: 11/12/04
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just please help his gambling pay off. thanks.
[1]
May 22, 2022, 12:26 PM
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do your part guys.
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CU Guru [1727]
TigerPulse: 100%
Posts: 1372
Joined: 6/5/17
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Re: Losses are only realized if assets are liquidated.
[2]
May 22, 2022, 7:23 AM
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Sorry to hear you are in the same position as TL. I’ve got some Monopoly money I’m willing to let go off at half the face value if you’re interested though.
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Associate AD [815]
TigerPulse: 75%
Posts: 945
Joined: 9/22/12
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Re: Losses are only realized if assets are liquidated.
May 22, 2022, 11:05 AM
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I’ve got a diversification of assets, as should anyone. Some are down 40-70% on the year, others of which are up 300% on the year.
If you don’t have the stomach for volatility, just keep spending your stimulus checks on depreciating back porch furniture and car down payments.
Your retirement account’s buying power will continue to plummet.
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Orange Blooded [3026]
TigerPulse: 100%
Posts: 3912
Joined: 7/18/02
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Re: Losses are only realized if assets are liquidated.
[1]
May 22, 2022, 8:47 AM
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+1!
That other thread (and that “article”) should be removed…just ridiculous.
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110%er [5400]
TigerPulse: 92%
Posts: 6524
Joined: 11/2/15
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Re: Losses are only realized if assets are liquidated.
May 22, 2022, 12:01 PM
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Tell that to your president that is trying to tax “unrealized” gains.
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