Posted on 04/28/2021 3:48:16 AM PDT by gattaca
Investors are trading on margin like never before, despite the risks associated with the practice. According to newly released data from FINRA, margin debt rose 71% year-over-year to hit a record $822...
(Excerpt) Read more at flipboard.com ...
Don’t bet what you can’t afford to lose.
Unless you’re big or connected enough for a bailout.
This is typically the sign of an overheated market top. But maybe this time it’s different. After all, we have never had such brilliant leadership in this country.
Laissez les bons temps roulez!
Yes, let the good times roll...off of a cliff.
OK, now let’s tighten the money supply and watch stockbrokers dive out of high windows, just like in 1929.
Normally yes, but the money supply is awash at the moment and inflation is starting to take off, so I do not expect any major pullback.
You’re probably right. I’ve long since given up trying to time the market.
I have bought extra stock on margin. I did pick a good stock AMD
It has in the past dropped so do not go past 40% and whatever the low point is as if you bought at the high point and the stock drops you will have 3 days to come up with the needed money or the broker sends a couple of guys name Guido and Vito to collect.
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