What's with Rio Tonto shares today? I just checked the end of days trade and they are up $3.82 or 4.51%. That's just in one day! What happened? Unfortunately I don't have any Rio shares, but I was just curious.
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Yay! Good to see someone on SSoft is benefitting the jump in price. Rio up today another 5.15%. I have a few WPL up 2.73% today.
Curious topcropper do you plan on selling?
Kate
The gain is not real unless it is realised (through the sale of stock). But then Capital Gain...
If we decide to hang on then there are three possible outcomes: Price can continue to climb, move sideway or drop. All are at the mercy of the market mood, outside of our control.
Welcome to the sharemarket roller coaster
but .. i think the gain is just as real as a gain in house price post a revaluation (actually probably more real as its actually what you can get for them) .. you can borrow more against it etc ... ...
that's like saying when a price drops you havent made a loss until you realise it .....
...
The gain is not real unless it is realised
The gain is not real unless it is realised (through the sale of stock). But then Capital Gain...
Welcome to the sharemarket roller coaster
Got any other good tips for us TC ?Wow. RIO up over 5%. Now the favourite to be first past $100. [Not counting posiedon].
IMHO..True.
And then there is dividends. CBA shareholders who bought CBA at the float, in Sept 1991, for $5.40, next year will be getting $2.70 in dividends for 1 year, fully franked. That's pretty real.
See ya's.