Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Madharry who wrote (32442)	10/13/2008 9:04:16 AM
From: Lynn	of 78747

I personally learned from a very bitter experience about the danger posed by being on margin in the 1980s. A graduate student at the time, I was not in any position to buy on margin, but got sucked into buying on margin by my ML broker (who was also churning me). The market crashed. I never got a margin call, but my portfolio was beaten up and being saddled with that margin debt was incredibly stressful. It was not something I could really pay down from my monthly graduate student stipend. Since then I have only been on margin once, for a few days at most, for less than $200. in my Schwab account. A check I had mailed as a deposit was delayed getting into their hands due to a major blizzard. Lynn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next