Thank you terrible economy!

[insomniac17]

cdude1034 said:

insomniac17 said:
Well, did your parents sell the stocks? If not, then it technically isn't lost, it's just lost value. You can still get some money back on it if you wait to sell it; you haven't lost any money until you sell. Best of luck with this!

 

The overall market will not get back its value for years. The individual stocks depending on which ones may recover faster, but then again the odds are the same for them taking longer...

 

Yes, but you still don't lose anything until you sell. So, unless the company that the stocks are in are is in danger of going under, there's no need to sell; you can at least sell them at less of a loss if you wait.