In some Countries they only look at what it's worth on Jan 1st to calculate taxes, in that case a December crash and a February recovery could be a good thing. I've lived through a few bubbles and my biggest loss was the Housing crisis. My neighbor went bankrupt and the bank foreclosed her House; as a consequence my House went from $265,000 to $135,000 overnight. But wait, ..I paid my mortgage, so why do I have to take a hit? It's not the money that is the problem; it's the people manipulating it. Well, it looks like SBD is at $2.61 again. I hope it will head back toward $3.
You are viewing a single comment's thread from: