Replies to Msg. #1220393
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 Msg. #  Subject Posted by    Board    Date   
41004 Re: If SVB is insolvent, so is everyone else - US Treasuries, far from being safe, are the NEW Toxic Security!
   Zim : But, I have some stock in a power company ticker BKH. My BKH is...
Zimbler0   6TH POPE   14 Mar 2023
9:16 PM
40977 Re: If SVB is insolvent, so is everyone else - US Treasuries, far from being safe, are the NEW Toxic Security!
   ...if Biden gets his tax on unrealized gains the U.S. economy will be...
ribit   6TH POPE   14 Mar 2023
5:46 AM

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Re: If SVB is insolvent, so is everyone else - US Treasuries, far from being safe, are the NEW Toxic Security!

By: Fiz in 6TH POPE
Tue, 14 Mar 23 4:45 AM
Msg. 40972 of 60008
(This msg. is a reply to 40971 by Zimbler0)
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But, I have some stock in a power company ticker BKH. My BKH is currently worth about 12% less than what I paid for it. Is it really a loss?

Yes, it really is a loss. However, as someone reminded me a while ago, in some circumstances EVERYONE loses.

Sometimes the goal needs to be to lose LESS than other people, or to lose less than what you otherwise would have lost. That is what I am personally aiming for. I mostly hope I can keep that in mind during hard times known as a Depression.

And, if you have a dividend, the discounted present value of those future dividend payments can offset some of the losses.