Understanding Unrealized Gains
September 6, 2024
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0:44Now PlayingUnderstanding Unrealized Gains
YouTube Description
as posted by the channelIn this discussion, Adam Sosnick attempts to clarify the concept of unrealized gains using a gym analogy about working out and showing off, but ends up revealing how the analogy falls short. He explains that unrealized gains are paper profits that only become real when the asset is sold, such as buying a stock at $10 and seeing it rise to $12—only realizing the $2 gain once it's sold and taxed.
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