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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: Jean M. Gauthier who wrote (104305)2/24/1999 10:14:00 AM
From: edamo  Read Replies (1) of 176387
 
buying stock that you can't afford...

not the one to comment on margin, as i only advocate it's use for a short term, sort of a bridge loan...enabling you to open a position before you close another...margin can be fatal...it's perceived by many and sometimes touted by aggressive brokers as the proverbial easy money...i'm conservative, if i can't afford 100 shares of dell, msft, intc, whatever...i buy what i can afford, even if it is 10 shares rather have 10 shares of quality than 100 shares of mediocrity..

if you intent on using leverage, then buy a derivitive such as a leap call...you can buy a hundred share contract at a reduced price to the underlying, but there is a time element involved..it does give one an opportunity for great returns, but also the possibility of losing all the money you paid for the contract...it's a risk/reward decision you and you alone must make...good luck ed a.
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