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Technology Stocks : Compaq
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To: Kashish King who wrote (22521)3/19/1998 12:16:00 AM
From: billwot  Read Replies (2) of 97611
 
Rod-you can call it a paper loss, but when my net worth falls by $12000, thats real, whether I have sold the stock or not. Theoretically, one could ensure that they never lost money in the market simply by choosing never to sell. I don't think my banker would be swayed by that argument if I wanted to use my portfolio as collateral for a loan. He would not be impressed with how much I invested, only how much I currently have.

billwot
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