Columbia Basin, Ephrata, WA | IN555 - 4/2/2025 16:18
Well for those that sold in February they likely would disagree with you it’s not wealth because there cash is getting more valuable by the minute
And someone else is out that cash in February. No wealth was created or destroyed then, buy/sell transactions are always net zero.
Building wealth is buying a pile of wood and selling it as a house, or roll of steel and selling it as a car. You don’t build wealth by paying house and car price for the wood and steel. A bunch of people that used printed money to buy an overvalued stock and it went up a little more before taking a predictable dive never gained the wealth they thought they had.
Edited by Big Ben 4/2/2025 20:29
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