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2009 Meltdown for institution and casual investors March 18, 2010

Filed under: Everything — Jason Olson @ 11:10 pm
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So I was just reviewing some old posts and I figured it may be a good time to revisit an old post on Losses (March 16, 2009). Back then we were talking about how casual investors were realizing their paper losses when they pulled out of the market. I also mentioned my strong “hold” position on my Walt Disney Company stock. If we just hop over to Money Central we can see that Disney stock hit an all  time low in March 2009, around $18/share. As of the close of business Thursday, the stock is at $33.78/share, and has been pretty much a constant growth since March 2009. So, yes, it depends on when you purchased your stock, but basically you are realizing your loss when you sell. Those people who sold in March 2009, I believe took a $10/share loss, which means they purchased it for around $28/share.  And they lost around $1,000. Which means they had roughly 100 shares. Now, if they waited a year before they sold it, instead of a $1,000 loss. They would have a $5.78 ($33.78 – $28.00)/share or $578 gain — roughly a $1578 difference!