Roth IRA question

[je1993]

I have a Roth IRA, it's current balance is $9,077.21. In the summary it states $3,201.30 is Unrealized G/L.

I don't really understand what "Unrealized G/L" means, can someone explain, should I be doing something to fix it or is that normal?

Current rate of return is 18.4% if that matters to the above at all.

 

[remmie]

@je1993 "Unrealized G/L" refers to the gains/losses you have incurred on the positions you own in that account. Think of it this way: until you cash out, those gains/losses aren't set in stone. It's completely normal and you don't have to worry.

 

[je1993]

@remmie Great, thank you for your help, much appreciated.

 

[veritas1961]

@je1993 Additionally it’s in a Roth account so if you sell those securities you won’t pay taxes on them. You also don’t get tax benefits for losing positions.

 

[resjudicata]

@je1993 You invest $100 in a stock, stock A. Stock A rises 50%. You now have $150. $50 is the unrealized gain.

 

[polkadot11]

@je1993 Your gains aren’t “real” until you sell.

Then they are locked in and “realized”

 

[doh4ever]

@je1993 18.4% RoR is quite good! Which Roth IRA are you with?

 

[je1993]

@doh4ever It through my bank, PNC. I think it called the growth account.