Bought stock using Sharebuilder.The stock’s value went down; how is my loss still in the MoneyMarket acct?
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monaya asked:
I’m confused. I purchased stock using Sharebuilder let’s say for $500. My stock has gone down and the market value on the stock I own is now $300. Sharebuilder shows the “loss” of $200 as still existing in my Money Market account as a balance I can withdraw funds from or use towards investing.
I’m confused. I purchased stock using Sharebuilder let’s say for $500. My stock has gone down and the market value on the stock I own is now $300. Sharebuilder shows the “loss” of $200 as still existing in my Money Market account as a balance I can withdraw funds from or use towards investing.
How is that my stock price went down and the loss is still there? Shouldn’t that money be gone. That would mean you can’t lose the money you put in even if the stock went down?
Question posted courtesy of: Gary
