Forum Archive Index - September 2000

["Graeme & Jill Christie" <bayvu@ihug.co.nz>]

Sorry Phil, got to agree with Brian. There is a big difference between an 'actual' loss (cash) and an 'unrealised'  loss if your shares temporarily lose value. That loss only becomes 'real' the moment you sell. By the way, after a bit of an absence it's interesting to see there are some good debates going on in this forum. This one about Eric Watson's related companies is an example that stretches the imagination. If he'd put more money into Flying Pig would anyone necessarily expect Elders, etc to go up, and why? Time will tell, but as usual I'm hoeing into these cheap co.s. Just might take longer to turn around...... Cheers. Graeme

-----Original Message-----
From: Brian Gale <brigale@i4free.co.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Monday, 4 September 2000 20:55
Subject: Re: [sharechat] directional movement

At 19:11 04-09-00 +0000, you wrote:

Yes, but if you continue to hold the share, the loss is *also* real.

Sorry Snoopy I don't follow your logic.  The loss only becomes a real monetary loss when you sell.

Not the only way at all!  You can ride the volatility wave, and wait
for the share you are already invested in to go up in price again.  
If you are a long term investor and did your homework properly in the
first place you will indeed do just this.   You might even buy more
in any short term periods of weakness.

I thought this is what I was saying.  I can't have made myself clear to you.
BG