Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Randy Ellingson who wrote (100458)	4/13/2000 7:46:00 PM
From: Eric Wells	Read Replies (2) \| Respond to of 164684

That's essentially presuming one sells lower than they bought Randy - I try not to delude myself. When I have any position in a stock, when that position declines in value, I interpret it as "losing money." And when I lose money, I evaluate whether I think my money will earn a greater return in the current position or perhaps in another position. And if I believe another position will offer a greater return, then I move my money to that other position. Realizing losses in my mind (even if they are only on paper) helps me, at least, retain a firm grasp on reality. If you keep track of your personal assets as a business does, such as via a balance sheet, well, when the stocks you own decline in value the asset line on your balance sheet gets reduced. Now, whether you believe in the declining stocks you own - whether you believe in them enough to continue to hold them, that's a completely different matter. Declining asset value - losing money - to me it's the same. It may not be to you. Thanks, -Eric