figurine00 OP t1_je713ej wrote on March 29, 2023 at 9:34 PM Reply to comment by vizmarco in ELI5: I buy $5,000 worth of stocks. Each stock is worth $1000. Suddenly the stock drops and each stock is worth $1. My portfolio is valued at $5 now. I sell. Where did $4995 money go to? by figurine00 I guess, it didn't occur to me, what if nobody buys the stock at $100,000? Permalink Parent 1
ELI5: I buy $5,000 worth of stocks. Each stock is worth $1000. Suddenly the stock drops and each stock is worth $1. My portfolio is valued at $5 now. I sell. Where did $4995 money go to? Submitted by figurine00 t3_1261aut on March 29, 2023 at 9:29 PM in explainlikeimfive 8 comments 5
figurine00 OP t1_je713ej wrote
Reply to comment by vizmarco in ELI5: I buy $5,000 worth of stocks. Each stock is worth $1000. Suddenly the stock drops and each stock is worth $1. My portfolio is valued at $5 now. I sell. Where did $4995 money go to? by figurine00
I guess, it didn't occur to me, what if nobody buys the stock at $100,000?