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The Best Financial Advice I EVER Received
The absolute best financial advice I’ve ever been given? Never buy stocks on margin. 🙅♀️ Subscribe to @sowannaberich for more content!
When you trade on margin, you are literally borrowing money from your brokerage to buy stocks. Sure, it sounds great when the market is up and your gains multiply. But if the market drops? Your losses accelerate, and your broker can hit you with a “margin call,” forcing you to deposit cash immediately or liquidating your investments without your permission.
For young or beginner investors, the stress and the risk just aren’t worth it. Keep your portfolio safe, only invest money you actually own, and play the long game!
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