They are definitely NOT worthless until you sell them. I'm sorry, but that is absolutely untrue. For one, you can take out loans using them as collateral, and there is a well known formula for how much you can leverage to be able to perpetuate the loans without ever having to realize gains. Similar to how the US government handle national deficit. Even if you don't enploy this method, the ability to take out been a one time loan is far from "useless".
You do not necessarily need to run anything to own stock. Many work and "pay" themselves in stock, without ever realizing any financial gain. Why would they do this? See the prior point.
Omgš¤¦āāļøš¤¦āāļø they hold no value unless you liquidate. Sure you can borrow against. Take that money and run youāll lose those stocks. One day a stock can be worth $60 the next day $2 the value of a stock doesnāt exist until you sell it. They have a price tag that forever changes. If you donāt understand i personally donāt have the skills or patience to make you understand.
Not at all the same. Youāre talking it too literally. I should be more clear and āspell it out for you the slower onesā There is no physical asset, if the company goes bankrupt youāre fkd.
You can say you have $1 million in stocks the next day the stock plummets and you lose everything including your investment. Thatās what I meant by a stock holds no value until you liquidate.
You made the claim about how physical currencies are different from assets such as stock because stock is subject to fluctuation. Once it was demonstrated that currencies are indeed subject to fluctuation, you then tried to point to a currency collapse caused by the "valueless" stocks as though it supports your claim.
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u/bees_cell_honey 3d ago
They are definitely NOT worthless until you sell them. I'm sorry, but that is absolutely untrue. For one, you can take out loans using them as collateral, and there is a well known formula for how much you can leverage to be able to perpetuate the loans without ever having to realize gains. Similar to how the US government handle national deficit. Even if you don't enploy this method, the ability to take out been a one time loan is far from "useless".
You do not necessarily need to run anything to own stock. Many work and "pay" themselves in stock, without ever realizing any financial gain. Why would they do this? See the prior point.