<< <i>Anyone who believes government economic reports are not manipulated should not be allowed to comment on conspiracies. Conspiracy is nothing short of deception. When public service becomes public thievery you can bet your last silver dollar deception was its method.
One only need look at the reasons why economic reports need be tainted and how easy it is to taint them. No different than the control of any information (or misinformation) that intentially hits the press. Doesn't have to be a lie to still be far from the truth. Twisting the truth works just as well. >>
Very similar to how big companies can tweak their earnings and forecasts to look like they are stable only to find out 2 years later that they are actually close to bankruptcy. >>
In the case of big companies, at least investors can recover losses through the courts by proving fraud. Try taking a federal agency to federal court. >>
Easier said then done.
Successful coin BST transactions with Gerard and segoja.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
bought gold on the drop, and sold it while it was down, for more than I paid. Is that losing money or swimming through the liquid asset ? One had better know any asset class because it is a gamble coming into any market. On that note: stuffing money in a bank, or pillow case does nothing, either … except it gives a person "money to burn". I'd rather have a little money in a few places than all my eggs in one basket , too…. as it were.
unrealized gain- you bought low and the price is higher right now but you're not selling, so no real gain. unrealized loss- you bought high and the price is lower now but you're not selling, so no real loss.
I guess the unrealized loss could be associated with "leaving money on the table" when you could've made more $$$ with the same amount of ounces if you had not waited to sell after the price falls. >>
unrealized gain- you bought low and the price is higher right now but you're not selling, so no real gain. unrealized loss- you bought high and the price is lower now but you're not selling, so no real loss
Try telling that to a banker when your looking for a loan and he asks to see your net worth.
I manage money. I earn money. I save money . I give away money. I collect money. I don’t love money . I do love the Lord God.
<< <i>unrealized gain- you bought low and the price is higher right now but you're not selling, so no real gain. unrealized loss- you bought high and the price is lower now but you're not selling, so no real loss >>
<< <i>Try telling that to a banker when your looking for a loan and he asks to see your net worth. >>
net worth = current value. Just a snapshot in time. The photo finish determines the winner.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
An unrealized loss or an unrealized gain aren't terms that mean that the loss or gain isn't real. The terms are accounting terms and they simply mean that the tax consequences from a sale of the asset cannot yet be determined.
Consequently, you can structure the sales of your assets so that the losses and gains balance - in order to minimize the tax consequences from the sale.
In the coming world of confiscatory tax rates, this is going to become important, in my opinion.
Q: Are You Printing Money? Bernanke: Not Literally
<< <i>unrealized gain- you bought low and the price is higher right now but you're not selling, so no real gain. unrealized loss- you bought high and the price is lower now but you're not selling, so no real loss >>
<< <i>Try telling that to a banker when your looking for a loan and he asks to see your net worth. >>
net worth = current value. Just a snapshot in time. The photo finish determines the winner. >>
The snapshot in time is what determines whether or not you will get a loan.
I manage money. I earn money. I save money . I give away money. I collect money. I don’t love money . I do love the Lord God.
<< <i>The snapshot in time is what determines whether or not you will get a loan. >>
Correct, the determination is based on current value. Current value is not the same as final value. Losing does not mean lost, it means you are a bit further from reaching "won."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Comments
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<< <i>
<< <i>Anyone who believes government economic reports are not manipulated should not be allowed to comment on conspiracies. Conspiracy is nothing short of deception. When public service becomes public thievery you can bet your last silver dollar deception was its method.
One only need look at the reasons why economic reports need be tainted and how easy it is to taint them. No different than the control of any information (or misinformation) that intentially hits the press. Doesn't have to be a lie to still be far from the truth. Twisting the truth works just as well. >>
Very similar to how big companies can tweak their earnings and forecasts to look like they are stable only to find out 2 years later that they are actually close to bankruptcy. >>
In the case of big companies, at least investors can recover losses through the courts by proving fraud. Try taking a federal agency to federal court. >>
Easier said then done.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
On that note: stuffing money in a bank, or pillow case does nothing, either … except it gives a person "money to burn". I'd rather have a little money in a few places than all my eggs in one basket , too…. as it were.
Knowledge is the enemy of fear
<< <i>jmski52 hit the nail on the head:
unrealized gain- you bought low and the price is higher right now but you're not selling, so no real gain.
unrealized loss- you bought high and the price is lower now but you're not selling, so no real loss.
I guess the unrealized loss could be associated with "leaving money on the table" when you could've made more $$$ with the same amount of ounces if you had not waited to sell after the price falls. >>
unrealized gain- you bought low and the price is higher right now but you're not selling, so no real gain.
unrealized loss- you bought high and the price is lower now but you're not selling, so no real loss
Try telling that to a banker when your looking for a loan and he asks to see your net worth.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>unrealized gain- you bought low and the price is higher right now but you're not selling, so no real gain.
unrealized loss- you bought high and the price is lower now but you're not selling, so no real loss >>
<< <i>Try telling that to a banker when your looking for a loan and he asks to see your net worth. >>
net worth = current value. Just a snapshot in time. The photo finish determines the winner.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Consequently, you can structure the sales of your assets so that the losses and gains balance - in order to minimize the tax consequences from the sale.
In the coming world of confiscatory tax rates, this is going to become important, in my opinion.
I knew it would happen.
<< <i>
<< <i>unrealized gain- you bought low and the price is higher right now but you're not selling, so no real gain.
unrealized loss- you bought high and the price is lower now but you're not selling, so no real loss >>
<< <i>Try telling that to a banker when your looking for a loan and he asks to see your net worth. >>
net worth = current value. Just a snapshot in time. The photo finish determines the winner. >>
The snapshot in time is what determines whether or not you will get a loan.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>The snapshot in time is what determines whether or not you will get a loan. >>
Correct, the determination is based on current value. Current value is not the same as final value. Losing does not mean lost, it means you are a bit further from reaching "won."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey