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> I can't borrow hundreds of thousands of dollars at < 5% interest invest in the stock market Of course you can [0], and it's even cheaper than mortgage intere
by aianus 9y ago
> I can't borrow hundreds of thousands of dollars at < 5% interest invest in the stock market
Of course you can [0], and it's even cheaper than mortgage interest (because it's much easier to margin call a stock a portfolio than a house!).
[0] https://www.interactivebrokers.com/en/index.php?f=1595 https://www.interactivebrokers.com/en/index.php?f=1595
- sokoloff 9y agoHe can only do that if he has 6-figures of net equity in his IB account.
- jandrese 9y agoIt's easy to make money if you are already rich. The parent post is an excellent example of that. If all of those poor plebes who bought homes in the 70s had instead inherited their home and invested millions of their own dollars in the stock market just like those smart rich people they would be way better off today.