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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (8708)3/14/2003 7:08:53 AM
From: jrhana  Read Replies (1) | Respond to of 39344
 
<I never use margin. It work ok for you?
My fear is a week like the last one and being forced out near the bottom.>

absolutely can happen

It adds a magnifier

augments your losses but also gains
you have to watch it like a hawk.
Adds excitement
Gives you the ability to wipe yourself out
Sometimes however a margin call can act as a wake up call
that you are betting against nature.

With luck however you can turn a small amount of money into a fortune.

So what have I done? Much less margin (now zero). Instead I am getting low risk stuff from Russ's list like CQR.
<g>