5 ms·
That seems incredibly misleading. As per Investopedia, buying on margin requires a margin account which requires a minimum of $2000. That is pennies, but given
by gleenn 9y ago
That seems incredibly misleading. As per Investopedia, buying on margin requires a margin account which requires a minimum of $2000. That is pennies, but given most Americans have far less than $2000 in their bank accounts, and most are already strapped with significant debt, suggesting the should or even could is wrong.
https://www.investopedia.com/university/margin/margin1.asp https://www.investopedia.com/university/margin/margin1.asp
- WalterBright 9y ago52% of Americans invest in stocks. https://www.financialsamurai.com/what-percent-of-americans-own-stocks/ https://www.financialsamurai.com/what-percent-of-americans-o... That doesn't necessarily mean 48% cannot invest in stocks - they just may be unwilling to. I know many middle class people who invest in other things besides stocks, like bonds and real estate, as well as the proverbial mattress. > strapped with significant debt Buying a house with a mortgage is leveraging an investment debt. In fact, leveraging an investment IS taking on debt.