@mghrn55 said
Meanwhile, the Trump show continues.

Does anyone want a job in the White House ??
Position that needs filling is White House Chief of Staff.

Any takers ? Anyone ? Anyone ????
Whodey ? Mott ?
Maybe the janitor ?? 😛

Whodey and Mott are both over qualified.
The janitor is in with a chance if he has a clean bucket.

@wolfgang59 said
Let's bring in Mr C.

Mr C buys $1,000 worth of shares same as Mr A.
When they go down to $700 Mr C. sells.

But then regretting his decision he buys them back.
A and C now both have no cash and the same amount of shares.
But apparently Mr C. has lost money and Mr. A has not!


(For this hypothetical mind experiment lets assume no brokers' fees, no tax, no stamp duty.)

By removing all outside influence the case is the same. Mr A and Mr C have the exact same portfolio.
However, in the real world these factors matter. Most (all) investors experience decreasing stock values at some point. Both selling for either tax deduction (in a very bad year) and selling to offset gains (pay less tax) is a big part of investment strategy.

I understand it sounds crazy to most people saying that a $300 loss is only a potential loss, but the case isn't that simple in investment.

@mghrn55 said
Meanwhile, the Trump show continues.

Does anyone want a job in the White House ??
Position that needs filling is White House Chief of Staff.

Any takers ? Anyone ? Anyone ????
Whodey ? Mott ?
Maybe the janitor ?? 😛

Why would anyone want to work for a lying boss that you know will throw you under the bus if anything goes wrong?

Or what about Alex Jones? He seems crazy enough.

@averagejoe1 said
But this is a blip. But brokers LOVE big drops which present good buys.

The Brokers have an early Christmas present.
Plenty of opportunity to snap up bargains.
(DOW: Monday opening 24,400 .. Thursday close 22,640)

Thanks Mr. Trump
Hold on though ... can Trump make the market even cheaper for his loyal fans?

@wolfgang59 said
Whodey and Mott are both over qualified.
The janitor is in with a chance if he has a clean bucket.

Whodey and Mott overqualified ??
Lol !!

Maybe we can find something more suitable for them.
Like greasing the revolving door in the administration.

Mattis just quit !!
And not pulling any punches on his way out !!

@wolfgang59 said

Thanks Mr. Trump
Hold on though ... can Trump make the market even cheaper for his loyal fans?

And the answer is YES.
Crazy got crazier, those shares keep tumbling.