It is not that you get a "refund" - which, among other things, requires that you had paid tax in (by estimate or witholding) that was in excess of what was actually due.
Investment losses, within certain limits, are a deduction to your taxable income for that year...by lowering your taxable income, you have a lower tax due. (Exactly the oppposite of investment gains...which increase your taxable income and you pay tax on).
The "stock market" refers to the sum of all the shares of stock that are publicly owned. The "value" of a share of stock is simply an estimate of what someone would pay you for that share if you chose to sell it. If you own a share and continue to own that share, what you own is the stock. In that case, you don't own money - any amount of money - you just own the stock. So when "the stock market" "loses value" no real money is lost - except from stock owners who choose to sell at low prices. The value lost is the amount of money that WOULD be lost by the current stock owners if all the shares were sold.
You can buy stocks on the internet. It is often recommended to talk to someone in person if you do not know what you are doing. Once your money is lost you may not be able to get it back.
you dont, sorry your broke now.
everyone invested in stock and when the bank lost all it's money
People lost money and went into debt.
It impacted the people emotionally because they lost a lot of their money and invests
the stock marcket crashed,people held there money, and didnt pay back the government back the money they owed them,=)
Look down the back of the sofa.
Investors borrowed money to buy rising stocks, but could not pay it back once the stock prices fell.
It's to borrow money from the bank and pay back later.
Many people thought putting investments in the stock market was a good way to gain money. It was a first, until the stock market crashed and many people lost the money they invested, their jobs, homes, and families.
They lost a LOT OF MONEY