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Stock Market Question - September 14th 2009, 10:27 AM

Well I've always wondered this and I've been looking at buying shares in stock markets in the future so I thought I should know this.

Say I invested 50 in a Woolworths share 2 years ago. Well Woolworths obviously went bust and that would mean the % went in to minus%. Would this mean I lost the 50 and had to pay more money for the minus% or would it just mean I lost my 50?


   
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Re: Stock Market Question - September 14th 2009, 02:54 PM

Quote:
Originally Posted by Boo Ghost View Post
Say I invested 50 in a Woolworths share 2 years ago. Well Woolworths obviously went bust and that would mean the % went in to minus%. Would this mean I lost the 50 and had to pay more money for the minus% or would it just mean I lost my 50?
You would just have lost your 50.
   
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Re: Stock Market Question - September 14th 2009, 07:59 PM

So I don't have to pay any extra money towards it then? At all.


   
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Re: Stock Market Question - September 14th 2009, 08:10 PM

I don't believe you have to actually pay more money if it goes below zero, that just means the company is in debt (I believe). Basically, you'd just lose your 50 pounds

By the way, you might want to look into online stock exchanges where it's all just for pretend. One of our DNA biotech classes participates in it, just for fun, and it's actually really exciting and interesting. Plus, you don't lose any money


   
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Re: Stock Market Question - September 15th 2009, 12:45 AM

^ I did it for my financial lit class, it is really fun.


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Re: Stock Market Question - September 15th 2009, 12:47 AM

Here you go... Give this one a try, I love it

http://www.bullbearings.co.uk/



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Re: Stock Market Question - September 16th 2009, 06:48 PM

Arrghh the stock market! At the moment I'm working as a pensions administrator and some of the pension schemes are stakeholder, which basically means the funds people contribute is used to buy shares and my gosh, if the price goes down you end up with some very unhappy customers to deal with! xD
   
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