Thread: Economy
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Old 08-05-2011, 12:45 PM   #139
John D Harris
Ninja Storm Shadow
 

Join Date: March 27, 2001
Location: Northport,Alabama, USA
Age: 62
Posts: 3,577
Default Re: Economy

The news and talking head are out in force waxing about how the world has lost $4trillion in the markets over the last week... It's all on paper. This is what I mean by we are living in a preception is reality bubble. The only people who lost anything were people who sold, people who let the preception overide the reality. Yes the preceived value of the stocks I own is currently less then it was a week ago, but I still OWN the stocks, I have lost anything until I sell, I ain't selling, so I ain't lost squat. I still have the same number of stocks in a company that pays dividens, I'll still get the dividens.
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