06-13-2022, 11:32 AM
|
 |
|
|
Join Date: Dec 2008
Location: Alberta
Posts: 24,070
|
|
Quote:
Originally Posted by HyperMOA
That money never existed Ken. It was a valuation only. There wasn’t a dollar put away for every dollar it/they increased. If I buy a truck off the lot for $50,000 and immediately sell that truck to someone else for $35,000 (well maybe not these days) where did the money go. I paid the value of a new truck, the guy buying it from me paid the value of a used truck. I incurred the loss but no money actually disappeared. I just made a very poor investment.
|
A lot of it existed, every dollar invested prior to the price drop.
__________________
Only dead fish go with the flow. The rest use their brains in life.
Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought..... 
|