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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: ribit in 6TH POPE | Recommend this post (0)
Tue, 14 Mar 23 5:46 AM | 26 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 40977 of 58622
(This msg. is a reply to 40972 by Fiz)
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...if Biden gets his tax on unrealized gains the U.S. economy will be gone like a fart in a tornado.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
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 58622

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.

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