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Value disappears during a stock market decline, or even a localized decline in one company's value, since the value of stocks are backed by the worth of the company itself.

Let's say you decide that a house would be a good investment, so you buy it and hold on to it or rent it or something. That house is part of your net worth. Then let's say the house burns to the ground, and that part of your net worth just vanishes, because economics isn't a zero-sum game, or at least it hasn't been since about the mid 1700s



Monster Hunter: pissing me off since 2010.