JR

Regarding your comment "Accountants definitions differ from yours"

I am an accountant, retired now, but was a corporate accountant for 26 years.

A loss is still a loss, even if not realized.
Do you not consider the drop in your 401K plan a loss, if not, you are delusional.

I voted, & didn't vote for any incumbents.

On investments, I don't think the AMA should be in any speculative investments. They may have looked like heros in the late 90's, but they look like gamblers now.
If the AMA had invested in safe investments that guarantee principal retention, such as Treasury Bills, Strips back in the late 90's, they could have staggered maturities & still be earning 7 to 8% per year. Far exceeding todays inflation rates.

In this case, dues might still have had to go up, say $1 or $2
a year, and perhaps more if a worthwhile project was being funded. But, this is not how it was handled, they gambled with our dues, and they lost. Now we pay.

That's how an accountant sees it.