Only realize losses if you sold
Paper losses are still a loss.
What? Paper loss? Tell that to the people who held onto their stocks thru the 2008 depression. They got many fold returns. Just hold the stocks man if you dint need the money now
I didn’t lose anything but I would have realized just north of 40% gains that year but instead if I liquidated now it would be more like 11%. A bunch of my bets failed though so I ended up tax harvesting a lot of loss to offset my short term taxes from trading. It made me realize I really need to set and forget for everything, even my “play” money.
None
~14K after I miscalculated two stock directions. Most of it lost on ROKU pre-earnings trade. But overall finished 2018 with positive gains. AMD TTD TWLO NVTA ALLO - my good trades in 18. Still holding TTD NVTA, bought OKTA and ON.
SPLK, pretty much my whole position in the market except for boring bonds & cash. Was $87 year ago today, now $117 after a slide from $129. Up 31%. Last month I bought a small amount of AMZN on worst day of the market. That’s up 22%, should’ve bought more. Buy low, when everyone’s selling. Sell high, when everyone’s buying.
Dang. You make it sound so easy. I like that. Be fearful when others are greedy and greedy when others are fearful- Warren Buffett 101
Down from my peak of 21 million to about 16 million. Hurts but I still have a few decades before I retire, so I have time to gain it back and more.
What is it you do that, with $16M banked, you still want to do for *decades* even though you could retire tomorrow? Would love to have a job so much fun that I’d keep coming to work with that much savings.
IT, but most of the money was made investing during the crash and buying underweight stocks. Always buy when the market is underweight, and you'll be a multi millionaire within 4 to 10 years. You must have patience.
Made a lot?
70% of net worth 😎
Ouch!!!!!!! What was your biggest loss in? Specific stocks or crypto?
FB and MTCH