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they can trade on margin. Making use of low interest rates. So when the market recovers, which it will. They can see greater gains. with fed interest rate at
by cobookman 7y ago
they can trade on margin. Making use of low interest rates.
So when the market recovers, which it will. They can see greater gains.
with fed interest rate at 0%. I’m sure the 0.01% can get incredibly favorable loans against their assets to double down.
- chiefalchemist 7y ago"I can trade on margin" said no one with the rent / mortgage due. That aside, you're missing the point. The public stock market best enriches those with the most reserves. Everyone else gets trickled on.
- afjl 7y agoNot to mention margin calls if the stock goes down past a given price.