""Everything you buy has an inherent worth. If I have 2x $10...

  1. 24,386 Posts.
    lightbulb Created with Sketch. 176
    ""Everything you buy has an inherent worth. If I have 2x $10 notes in my wallet, and choose to sell one to someone for $5, does that mean the remaining $10 note I have is worth $5? Nope. It just means the price of that $10 is $5 on the last traded price, but it is still worth $10. ""

    Yes hergerr, it might be so. A $10 note is always a $10 note. But, if and when you want to spend the other $10 dollar note which the market is saying it is only worth $5 dollars, what wold you get for it.??
    $5 dollars mate. That's all you will get.

    I have many cattle that IMO are worth around $1k dollars each or more (based on the last sales figures) but, when I sold them, the market valued them at $750.00 each. And funnily enough, that is all I have got without even taking in consideration all the fees and charges that have to be deducted from all that.

    Go figure!!!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.