Frustration

Here's the most frustrating thing about market gains and losses: selling investment positions. If there is a gain recorded there is a tax liability. If there is a loss there is a loss. Can't win! There are no losses or gains until there is a liquidation. But how to lock in gains without liquidation? That is impossible.
Still, the stock market has worked for 75 years. What else has done that? Not I, for one.
I think that the only answer is an unlimited time horizon, (or) perpetuation of lineage (or species, therefor).

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