Bull I use no leverage. Tell me how I would get wiped out?
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You don't need bull**** to tell you that you would be wiped out by capitulating into a share price that smashed your buy price. That would be madness unless you absolutely needed the return on your sell price, to cover some unfortunate event (forced seller).
It's not leverage that will wipe you out, it's company failure or some unfortunate life event that forced you to sell at far below the value of your investment.
That said, most companies are offered at around 50-70% leverage by the brokers (margin lending), so it's a convenient way to up the stakes if you think you can cover the debt
i assumed you would have lost your job , had to sell your stocks which had most probably lost much of there value to survive like so many had too
anyway lets give an example of why i believe having some cash in a portfolio is important
lets assume you had kept your job
from what you have said on the forum that i can remember
you like to be fully invested at all times , you are a value investor , staying in markets at all time is the way to go , hold no cash as part of a portfolio as its a drag on returns long term.
wheres your cash come from to take advantage of the bargains ? as you hold no cash position in your portfolio
on the hand an investor who held some cash in there portfolio at all times would have actually increased the value of that cash holding. ( cash is a drag normally but in a crash it is the reverse )
anyway to cut it short by having some cash in a portfolio available at all times to take advantage of opportunities if they arise will lead to out - performance in the long run over the person who remains fully invested at all times with no cash holding. simple maths
Come on S&P500 you can do it.....let see a close above 5000....so close
nvidia just crossed $700
I do this as well. Hard to stop myself splashing it into the market though.