View Single Post
  #88  
Old 13.01.2021, 11:07
Dr Mick Dr Mick is offline
Senior Member
 
Join Date: Dec 2015
Location: Zurich
Posts: 260
Groaned at 4 Times in 4 Posts
Thanked 133 Times in 91 Posts
Dr Mick is considered knowledgeableDr Mick is considered knowledgeableDr Mick is considered knowledgeable
Re: How much you are able to invest in stock market?

Quote:
View Post
margin is relatively cheap with IB. i guess you could use that as an emergency credit line and replenish with salary. likewise, you can use the margin for opportunities.
Not a good piece of advice IMHO. If things go south you get a margin call and it's game over.

I'd rather listen to Buffett:

My partner Charlie Munger says there are only three ways a smart person can go broke: liquor, ladies, and leverage. Now the truth is the first two he just added because they started with L its leverage.
Reply With Quote
The following 2 users would like to thank Dr Mick for this useful post: