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Tuesday, September 30, 2008

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The money lost in the market is only lost if someone sold their stock. Once you own the share, you still own the share no matter the price.

I don't see anything on the news about the market being up 400 points today. How funny those who want the bailout only focus on losing money, and when the market goes back up, ::::crickets:::::

What goes down, will eventually go up, it's just how long it takes for it to go back up.

You are so right Yankee Girl. After the crash of 29, prices crept back up, but declined again in 1932. But the Dow bounced back to the pre-29 level by the mid-1950s. So, if the paper you were holding in '29 didn't become worthless because of business failure and if you held it until 1954 you would be back to where you were in the 20s--if you weren't dead yet.

I'm holding on to my Beanie Babies because I know that what goes down must go back up.

For my part, if I could predict the future, I would tell all of you exactly what we should do.

The money lost in the market is only lost if someone sold their stock. Once you own the share, you still own the share no matter the price.

How are your Lehman and AIG shares doing, Yankee Girl?

This is the latest bloomer of all comments.

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