Message:

<p>[QUOTE=&quot;GDJMSP, post: 713779, member: 112&quot;]No Cloud, it has nothing to do with keeping your wealth in currency. It has to do with this stuff called mathematics. And the very same thing is true with stocks, real estate and anything else you care to invest in. You do not have a profit or a loss - until you sell it. How could you ? </p><p><br /></p><p>Yeah, you can say you have a profit or a loss on paper. But figures on paper are meaningless, it&#039;s just smoke and mirrors. Until you complete a transaction they dont mean a thing.</p><p><br /></p><p>Even the IRS says the very same thing. You can own stocks for 50 years and show a paper profit of a million dollars. But you don&#039;t pay any taxes on that profit until you sell - and complete the transaction. Do you think for one minute that the IRS would let you get away with not paying taxes if you really had a profit ? Of course not. But they do that because you don&#039;t have one.</p><p><br /></p><p>I&#039;ve watched guys that showed a paper profit of millions go to stone cold broke in less than an hour. How ? Because their paper profit evaporated into the thin air that it&#039;s made of when the stock tanked. That paper profit turned into a very real loss in less than 60 minutes.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in