re: Being "recession proof"

quote:

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Um I'm not sure if this is serious.

But....The money doesn't go anywhere till you sell the stock. You technically only lost money if the stock took a dump and then you sold.

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Which is what I was wondering in asking that question. Someone who "lost millions" would regain that money if they stayed put until the market rebounded. So the people who lost millions were people who dumped their stock when it crashed. Or people who held onto stock that never rebounded. Which brings up another question:

Which companies never rebounded? Thus leaving stockholders dry whether they held on or not. I know Lehman Brothers and another banking giant were left to crumble.

I told you I was naive to this.