Buying on margin
- Borrowing money to buy stock in the hope that it will go up and you can repay the loan and collect the difference
- stock market was going up
Quote
"The main purpose of the stock market is to make fools of as many men as possible." - Bernard Baruch
Summary
People would borrow money from rich people, and banks, and invest it with intrest
Subjunctive question
Would it be better to owe money or be owed money?
"The main purpose of the stock market is to make fools of as many men as possible." - Bernard Baruch
Summary
People would borrow money from rich people, and banks, and invest it with intrest
Subjunctive question
Would it be better to owe money or be owed money?