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Yes but if I invested $1000 and sold 1/2 for ($1000 + any taxes/fees that might apply) some time later, if it crashes to 0 I am not at a net loss. You can cal
by Klathmon 9y ago
Yes but if I invested $1000 and sold 1/2 for ($1000 + any taxes/fees that might apply) some time later, if it crashes to 0 I am not at a net loss.
You can call it a fallacy all you want, it's one I'm more than happy to indulge.
- gnaritas 9y agoWrong, you are at a net loss, you're just blissfully unaware of it due to your bad accounting: you're ignoring that you've already made the gain.