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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
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Originally Posted by willravel
Oh wow, dude.
Check this out really quick: http://money.howstuffworks.com/stock.htm
I own a fraction of Apple Inc. It's not 'season tickets', it's owning a fraction of the team. When they win, I actually win monetarily. I get tangible benefits from their success.
It's us. |
actually you don't win until you cash out your stock. you don't get anything tangible until you cash out. Otherwise you'd be paying capital gains on gains not necessarily realized, and taking losses on losses that aren't necessarily happening. So even if you bought your stock at the historical low of 16 and now it's up to 126, until you convert your stock by selling it, you don't win anything monetarily. Up to that point, it's all paper gains.
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