Stock and mutual fund propaganda

[Gadawg73]

If you bought a stock and it went up 60% in the first year and then went down 50% in the second year what would be your gain?

 

[william the wie]

if you bought a stock and it went up 60% in the first year and then went down 50% in the second year what would be your gain?

-20%

 

[editec]

If you bought a stock and it went up 60% in the first year and then went down 50% in the second year what would be your gain?

Nothing...until you sell it.

Then you'd gain a write-off on your taxes.


Assuming you'd made enough to write it off, of course.

 

[Gadawg73]

hahahhahaa.. very difficult to answer
Eg.
1st year (100 + ( 60 % of 100 )) = 160
after that in 2nd year ( 160 - ( 50% of 160 )) = 80
your investment is 100 and now you got 80 .. so -20% is loss

Exactly but stock and mutual fund companies LEGALLY can state that this transaction resulted in a 10% GAIN. 60% the first year less the 50% the next year is the fraud they sell.
Never trust any stock or mutual fund sales or advertising statements as fact. They lie.

 

[Valerie]

hahahhahaa.. very difficult to answer
Eg.
1st year (100 + ( 60 % of 100 )) = 160
after that in 2nd year ( 160 - ( 50% of 160 )) = 80
your investment is 100 and now you got 80 .. so -20% is loss

Exactly but stock and mutual fund companies LEGALLY can state that this transaction resulted in a 10% GAIN. 60% the first year less the 50% the next year is the fraud they sell.
Never trust any stock or mutual fund sales or advertising statements as fact. They lie.

Yes, and politicians do the same thing when discussing economic issues.

Funny thing is most of them probably don't even understand it.

ALWAYS dig deeper for real numbers when they express the info in "percentages"!