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re: Robinhood Gold

Posted on 5/2/20 at 11:52 pm to
Posted by True23Tiger
Shreveport
Member since Nov 2007
1803 posts
Posted on 5/2/20 at 11:52 pm to
If you were referring to me, my plan was to use the margin to supplement the purchase of blue chip stocks. I have seen some great opportunities lately and thought it may be a good way to add some buying power.
I am not a big time investor, but I do have over 5k invested with RH, so I’m comfortable with any potential margin call. My health in the account as far as margin is good. I like the other benefits of RH Gold as well. I was just saying that the $1000 margin comes with Gold so it seemed like a good deal to me.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10675 posts
Posted on 5/3/20 at 2:37 am to
You know what makes a loss worse? Debt. Goodluck but I’ve seen enough go bad to just keep it simple.
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