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<p>[QUOTE=&quot;Cloudsweeper99, post: 715797, member: 3011&quot;]That would be GD, who doesn&#039;t believe there is a profit or loss until he sells.&nbsp; You are correct, it is the difference between accounting and economic reality.</p><p><br /></p><p>If you want to get technical about the language, there is never any &quot;profit&quot; on an investment transaction.&nbsp; The correct terminology is gain or loss.&nbsp; But if you want to introduce the term [perhaps incorrectly] and make a statement such as &quot;there is no profit until you sell,&quot; then the statement is incorrect.&nbsp; Perhaps if you substitute the correct word and say &quot;there is no gain until you sell&quot; then it becomes clear how nonsensical it is to say something like that.[/QUOTE]</p><p><br /></p>

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