Seeing a lot of posts about folks encouraging others not to harm themselves because of the market or posting about wanting to harm themselves. Most of these relate to margin accounts that got blown up. Just like in 2008, just because someone will lend you money does not mean you can necessarily afford that loan. Id say take this as a lesson and be incredibly careful with margin accounts and remember that it’s possible to actually have to pay back the debt you’re taking out. But also step back and realize this isn’t the meltdown of the market. Downturns strike. Those who are not over leveraged can make it through the turbulence. Just a thought that popped into my head that I wanted to share.
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