If you bought a house in the 1980's for $100,000, someone will tell you it is worth $210,000 in 2007. That money majically appeared.
In late 2008 now, someone will tell you that same house is worth $120,000.
Somewhere along the way, you made $20,000 - the house is valued that much more now than when you bought it. BUT, if you tried to take out a loan in 2005 or so and spend the $110,000 you might think you lost $$80,000, and now you are short on money!
In fact, the whole time, you didn't have any cash at all - you had a house.
Stocks work kinda the same way.
None of this is cash, but we try to convert it to cash at different times. This makes money 'appear' and 'disappear' at different times.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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