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Pastimes : Where to hide your money as the world banking system collaps
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To: Michael H who wrote (34)2/2/2001 4:33:38 PM
From: David W. Taylor  Read Replies (1) of 41
 
<< Your money is never lost, it is just in someone else possession now.>>

I would take violent disagreement with that statement.

Say you bought some MSFT at $100 and the market has caused it to decline so that the last sale of MSFT was $60. Those $40 have vanished like so much smoke.

In Monty Python terms, they are EX Dollars!
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