tag:blogger.com,1999:blog-6818486532233792196.post9100635980957390239..comments2024-03-18T14:35:45.389-04:00Comments on The Dividend Girl: The TSX is losing major points. AgainSunnyhttp://www.blogger.com/profile/10439081666297874311noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6818486532233792196.post-27193575435658316752020-03-18T20:14:16.977-04:002020-03-18T20:14:16.977-04:00My margin debt is of $41 902.84.
http://www.myfirs...My margin debt is of $41 902.84.<br />http://www.myfirst50000.com/2020/03/my-debt-situation-on-date-of-march-13.html<br /><br />Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-51884257584550897982020-03-14T10:07:19.460-04:002020-03-14T10:07:19.460-04:00Take this opportunity to make a list of stocks you...Take this opportunity to make a list of stocks you want to own. Keep on trucking.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-60418227910683944692020-03-13T22:21:10.156-04:002020-03-13T22:21:10.156-04:00If I'm reading this correctly, the margin acco...If I'm reading this correctly, the margin account is 100k$ with 50k$ borrowed? If so, that definitely is in the danger zone, and expensive at the td rate of 5%. When the market is crashing is the time you start borrowing, not when it was high. But that's hard to do, we all want to make more money when it's a bull market. Personally, I do occasionally margin, but I hedge with options or shorting. I'd never margin more than 20%Fredericrnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-77363655571486800992020-03-13T19:50:03.711-04:002020-03-13T19:50:03.711-04:00She is smart to, how arrogant of yourself stating ...She is smart to, how arrogant of yourself stating that she is not smart just because she is using a margin account. Maybe she doesn't have a high salary or life has been harder than yours. <br />You are smart Dividend girl, we will get out of this... as you said in one of your posts "unscratched"<br />don't let the stock market change your mood, just stop following it until things get better.<br /><br />not smart because she used a margin account.... what an ass!!!lgalicohttps://www.blogger.com/profile/09060078743255999921noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-59005530223860597282020-03-13T10:12:45.587-04:002020-03-13T10:12:45.587-04:00The money that was created out of thin air by the ...The money that was created out of thin air by the banking institutions in the past decades helped inflate various asset prices (stocks and real estate) everywhere in the world is now causing asset prices to deflate faster than a hot air balloon, because of the false monetary system. The money that was created without any intrinsic value, no basis of economic support that was lent out to people like yourself helped monetized this money into its intrinsic value based on the people's labor. Which meant, the interest you are paying helps the bankers make money off you PLUS helping them make even more money by "shorting" the stocks thus making even better spreads. A double or triple whammy and what a great deal to the bankers and people like Trump making money and more of that out of many suckers out there that use margin and credit to buy stocks. The wild swings were to be expected where people had now been addicted to using credit or margin to buy stocks as though it is the norm. It is NOT. Next thing that will happen, if it weren't already planned is a margin call when stocks fall lower. After all, banks can call back the loans, forced the sale of your stocks, drive stock prices even lower and make even more money on the spreads. Do not forget that the bankers are not your friend, though they will sound like they are in good times. Please keep this Covid-19 in perspective. It is a disease that you can recover from if you are healthy without any pre-disposed illness or stress, so people can recover and this, like SARS or MERS, will eventually be overcome with new medical advancements. Beating this virus requires the cooperation of all world leaders and the scientific minds to beat this disease. Right now, the virus THRIVES on DIVISION and as you can see that countries are dividing themselves by closing their borders. While this may slow down and buy sometime, it will not kill the virus just like what we have with the common flu or cold. What needs to be done is a concerted and united cooperation between nations to develop better testing kits and an eventual vaccine and cure to the disease. Unless we see this, I will be sitting on the sidelines and wait for my cash to be developed. For those on credit or with a margin, I highly suggest that all of you start paying down on those margin as quickly as you can. I was the one who had a margin account in the late 90s during the dot com bubble and got the margin call when the dot com bubble busted. TD Bank told me they wouldn't such a thing; but then it is a BANK and BANK did what a bank had to do, recover their loans and so I was decimated financially at that time. I learned my lessons and no longer trust any bank. It's not to say I won't invest in a bank, but that's how they make money. Give you a loan, promise you that they won't recall and then when crap hits the fan, they panic and recall the loan they created out of thin air. How nice..David Christnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-17055772829222133942020-03-12T18:31:24.765-04:002020-03-12T18:31:24.765-04:00Hard to be patient in these trying times. I am cur...Hard to be patient in these trying times. I am curious as to what stocks others are looking at. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-64306251403615976862020-03-12T00:12:50.346-04:002020-03-12T00:12:50.346-04:00Bad times for those who use margin and credit to b...Bad times for those who use margin and credit to buy stocks (such as yourself). Luckily, I'm smart and have never done that, and am willing to sit, wait and ride it out no problem. There's some areas that are entering into great buying opportunities, which I'm excited about. But, it will drop further yet before I pull the trigger and clean up, from others mistakes.Anonymousnoreply@blogger.com