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Losses on investments in shares
Comments
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Retireby40 said:You only lose money when you sell the shares. At the moment your shares aren't performing and are worth less than you paid.
However in 12 months the could be worth more. Or less.
Nobody really invests for 12 months. It's not long enough to ride the waves of uncertainty.
My advice. Log out of the app. Have a look at it in 2-3 years and review your position.6 -
Thrugelmir said:Retireby40 said:You only lose money when you sell the shares. At the moment your shares aren't performing and are worth less than you paid.
However in 12 months the could be worth more. Or less.
Nobody really invests for 12 months. It's not long enough to ride the waves of uncertainty.
My advice. Log out of the app. Have a look at it in 2-3 years and review your position.
Who's to say he won't plunge the money into something that has risen 20% this year only for it to drop the same next.0 -
Retireby40 said:Thrugelmir said:Retireby40 said:You only lose money when you sell the shares. At the moment your shares aren't performing and are worth less than you paid.
However in 12 months the could be worth more. Or less.
Nobody really invests for 12 months. It's not long enough to ride the waves of uncertainty.
My advice. Log out of the app. Have a look at it in 2-3 years and review your position.
Who's to say he won't plunge the money into something that has risen 20% this year only for it to drop the same next.2 -
Prism said:Retireby40 said:Thrugelmir said:Retireby40 said:You only lose money when you sell the shares. At the moment your shares aren't performing and are worth less than you paid.
However in 12 months the could be worth more. Or less.
Nobody really invests for 12 months. It's not long enough to ride the waves of uncertainty.
My advice. Log out of the app. Have a look at it in 2-3 years and review your position.
Who's to say he won't plunge the money into something that has risen 20% this year only for it to drop the same next.
What I'm saying is people see their investments down after the first 6-12 months. Panic and think I better take them out before they go down more. Only for a turn of events and 2-3 years down the line be worth more. Or even less time.
You only have to look at Tesla. That is an extreme example but it shows how things can change.3 -
Retireby40 said:Thrugelmir said:Retireby40 said:You only lose money when you sell the shares. At the moment your shares aren't performing and are worth less than you paid.
However in 12 months the could be worth more. Or less.
Nobody really invests for 12 months. It's not long enough to ride the waves of uncertainty.
My advice. Log out of the app. Have a look at it in 2-3 years and review your position.
Who's to say he won't plunge the money into something that has risen 20% this year only for it to drop the same next.2 -
Hi,any share that drops in value could be deemed a bad choice, in the short term, you only lose when you sell, though sometimes better to just sell, take the hit, and hope to pick a good choice.You don't say how long you were invested, are you a 'day trader' type fella?1
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OP what companies did you invest in just out of interest sake?0
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[Deleted User] said:Hi,any share that drops in value could be deemed a bad choice, in the short term, you only lose when you sell, though sometimes better to just sell, take the hit, and hope to pick a good choice.You don't say how long you were invested, are you a 'day trader' type fella?
I have held shares for around 10 years that dropped and then finally recovered and then I went on to sell at profit. National Express was one such share. They are now worth the same as what they were worth 25 years ago.
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sevenhills said:[Deleted User] said:Hi,any share that drops in value could be deemed a bad choice, in the short term, you only lose when you sell, though sometimes better to just sell, take the hit, and hope to pick a good choice.You don't say how long you were invested, are you a 'day trader' type fella?
I have held shares for around 10 years that dropped and then finally recovered and then I went on to sell at profit. National Express was one such share. They are now worth the same as what they were worth 25 years ago.Remember the saying: if it looks too good to be true it almost certainly is.5 -
jimjames said:sevenhills said:[Deleted User] said:Hi,any share that drops in value could be deemed a bad choice, in the short term, you only lose when you sell, though sometimes better to just sell, take the hit, and hope to pick a good choice.You don't say how long you were invested, are you a 'day trader' type fella?
I have held shares for around 10 years that dropped and then finally recovered and then I went on to sell at profit. National Express was one such share. They are now worth the same as what they were worth 25 years ago.
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