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11-02-2024, 07:46 PM
#18451
Member
Originally Posted by alokdhir
Your understanding of how it will be charged is correct based on your level of borrowings ...why they have set it up like this maybe they don't want to encourage small accounts . Also they provide special interest rates too if borrowings are more then $ 1 million or so
It's a st*t load of paperwork for an 8k borrow. Bang that on a low interest visa or your current credir card and then do a balance transfer. Don't waste your time on a margin account unless you want to borrow 100k plus I'd say
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11-02-2024, 08:40 PM
#18452
Originally Posted by dabsman
It's a st*t load of paperwork for an 8k borrow. Bang that on a low interest visa or your current credir card and then do a balance transfer. Don't waste your time on a margin account unless you want to borrow 100k plus I'd say
No way I can make money paying credit card interest rates... Even borrowing at 9.35% is expensive.
I have no clue if ASB would even give an 18 year old with no job currently 9k of credit. Should have more than enough collateral though.
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11-02-2024, 08:43 PM
#18453
Nasdaq on fire. Thanks to few tech stocks, very soon new all time high could hit. Will there be opporunities in short selling and Inverse ETFs next?
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12-02-2024, 11:26 AM
#18454
Big increase in early retirements in the USA over last year
Some say the stock market ripped so hard that people are retiring.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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12-02-2024, 01:41 PM
#18455
Originally Posted by winner69
Big increase in early retirements in the USA over last year
Some say the stock market ripped so hard that people are retiring.
Our Bull will also retire soon ...he waiting for Nvidia to reach USD 1000 ...the way its going ...maybe by April
AI is a real thing and its applications are almost endless ...so I think its not a bubble but just over exuberance ...which will get normalised by either time or even better performances ...both possible .
Nvidia's market cap more then whole Chinese stock market was a latest fun fact disclosed
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12-02-2024, 01:51 PM
#18456
Originally Posted by alokdhir
Our Bull will also retire soon ...he waiting for Nvidia to reach USD 1000 ...the way its going ...maybe by April
AI is a real thing and its applications are almost endless ...so I think its not a bubble but just over exuberance ...which will get normalised by either time or even better performances ...both possible .
Nvidia's market cap more than whole Chinese stock market was a latest fun fact disclosed
.. $NVDA ‘s market cap is now over $200 billion higher than all of the companies in the S&P 500 Energy sector combined!!!
The total net income of the Energy sector is $147 billion while its $19 billion for Nvidia.
Another fun fact
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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12-02-2024, 08:07 PM
#18457
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12-02-2024, 08:10 PM
#18458
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12-02-2024, 09:22 PM
#18459
Originally Posted by Valuegrowth
Eventually, it will blow up like every other over-expansion has, but in the meantime savvy investors are making a killing and they will probably be quick to get out and save their profits, unlike those who stand on the sidelines in awe of the outrageous gains that they had no idea of how to get into, or when, let alone how to get out of, or when, with a profit, or worse the followers of these talking heads who buy hold and get their capital crucified when it turns to custard, which it will.
You don't need these people to tell you how or when to invest your money, they're all shills for whatever they're promoting. Just follow the money, get in when it's right, get out when it's right, ignore the shills, they just f*ck your head up, best ignored.
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13-02-2024, 05:55 AM
#18460
market doing well again , nvidia 745
one step ahead of the herd
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