If your stocks go up you haven't made any money. You only make money when you sell your stocks.
Imagine you made 10 identical paintings. You sell 5 of them. Over time, the 5 that you sold become worth $10billion each. That makes your remaining 5 worth $50billion, making you a billionaire. However, this doesn't mean you have $50 billion in cash.
This also explains why its stupid to say things like "Bezos didn't work for his money." Bezos sold stock in his company, and the stock became worth billions. It has nothing to do with how hard he works.
Then when your stocks have go down you haven't lost any money. Just never sell them. No bailouts needed.
Camden Taylor
Bezos didn't even increase his wealth himself the stock market, meaning other people, valued his stock more highly, resulting in a higher net worth for himself. What is so hard to understand about that?
Julian Morgan
wow insightful thanks, also when you take profit you are simply moving into another asset. you never actually have money anymore since trumpbux and such
Brody Diaz
>stocks The bailouts aren't for stock prices you absolute dumb fuck