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[parent] [thread] 2 comments
1. cobook+(OP)[view] [source] 2020-03-22 03:06:23
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.

replies(1): >>chiefa+5s
2. chiefa+5s[view] [source] 2020-03-22 10:58:55
>>cobook+(OP)
"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.

replies(1): >>afjl+Op2
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3. afjl+Op2[view] [source] [discussion] 2020-03-23 06:11:14
>>chiefa+5s
Not to mention margin calls if the stock goes down past a given price.
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