Buying on the Margin
people were spending money that they couldent back up
people were lending others money who did not have equity on
led to a great loss of money following black tuesday
people lost everything they had
buying on margin was a very good way to make money when times are good, however when things go bad, there is nothing as a fall back plan.
people were lending others money who did not have equity on
led to a great loss of money following black tuesday
people lost everything they had
buying on margin was a very good way to make money when times are good, however when things go bad, there is nothing as a fall back plan.