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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Lorne Larson who wrote (2452)	1/20/2002 6:04:04 PM
From: Peter W. Panchyshyn	Read Replies (1) of 11633

I'll keep it simple for your benefit: Assume I bought Stock A at $6.50 and sold it at $6.00. ------- Your real loss is $0.50 or 7.7%. Thats the math. ----------------- On the same day I sold Stock A, I bought Stock B at $6.00. ------- So you bought another stock so what you still have 7.7% less than you started with minus the commissions of course which makes it even more of a loss ------------- According to your usual befuddled reasoning I am now in a worse financial position than if I had held on to Stock A, because I realized the loss on Stock A. This is just plain silliness. ------- No its plain simple math you have realized more than a 7.7% loss than what you have started with. -------- The issue is the quality of Stock A vs the quality of Stock B. If Stock B goes up and Stock A goes down, it was a good move; if Stock A goes up and Stock B goes down, it was a bad move. --------- BS, the math shows you realized a real loss. That is the simple fact. You can dress it up with all kinds of if's and what if's that you want after the fact. It doesn't change the pure and simple fact that you are really down that amount because you sold. If you took that money from your pocket before to make the first purchase then afterwards with the realized loss and put the remaining coin back in your pocket YOU HAVE LESS. SIMPLE ENOUGH FOR YOU ---- You really are lame. My grade schooler child understands the concept far better than you--------------- The only relevance of realization/non-realization from a financial standpoint is tax (which is definitely not the point you were attempting to make). ----------------- The revelance as to tax makes my point exactly. FINANCIALLY IT IS A LOSS. The tax systems deems it so. CASE CLOSED. They judge each transaction one its own ( loss or gain ) and at its simplest ( one at a time ) . That is how the tax system works. You don't even know that. And that is how joe average should look at it and judge it. Sure he can trade one time and lose. You maybe able to con him into trading again. He has just as good a chance to lose at that. You maybe able to con him a third time. But pretty soon the realization sets in that he has less than he started with and he is not getting the superior results as he was promised. But that is not the systems fault its his. Yes his indeed for following the flawed system in the first place. -------------------------- Stupid Peter quote # 8: "A realized loss is just that it can't be gotten back as quickly as an unrealized loss...". ---------------- Care to provide an example of you doing as you have said above. You say you have sold at a loss then the very same day have made a gain to more than offset that loss. Which documented post is that numbered. So that we can verify. IT DOESN'T EXIST. From you we have real and realized shorting losses followed by the same, weeks , months later, followed by very real and realized trading losses. We have yet to see any posted real realized gains from you. You only show some unrealized gains. Funny that at a point in time you could have showed a gain (unrealized) with PWI when you held it. But when it came time to actually selling it and realizing it. Well it wasn't a gain at all but in fact it was a pretty big loss. JUST HOW CAN THAT BE??????. And that is the documented legacy of your "superior" strategy. Its not superior at all. Far from it!!!!!!!!!!!!!! ------------

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