It’s not a gain unless it’s realized. If one owns a stock and the price goes up 10% they don’t make any money. They would have to sell to make money. At some

It’s not a gain unless it’s realized. If one owns a stock and the price goes up 10% they don’t make any money. They would have to sell to make money. At some point “Bob” needs to retire, hopefully that’s not during a downturn.