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Old 19 May 2022, 04:57 AM   #46
rag5178
"TRF" Member
 
Join Date: May 2019
Location: United States
Posts: 235
Quote:
Originally Posted by JF100 View Post
So much nonsense. Why would you even want to write that? Either you have the money or you don't because you 'knew' this purchase would eventually come up and happen.
This is the total opposite of nonsense. It could well be unequivocal fact sir. Unless you have all your money in cash (and enjoy losing 8% a year guaranteed burn). Whether or not you 'have the money' - that blunder could essentially be equivalent to someone taking 10-15k usd out of your account. The two outcomes are the same, but the means different.[/QUOTE]

To play devil's advocate with you, with the market in a downtrend, it could just as easily lead to you selling stock at a higher point and buying back lower. In the short term, whether it is a positive or negative pretty much amounts to a coin flip. If it benefitted the person, should they let their sale associate know and leave them a nice tip for the blunder?
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