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Parallax Views w/ J.G. Michael
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Is This Really a Financial Advice Service?
i opened one up to see what it was like. And you can any broker, and if you fill out the forms, they'll let you borrow money. It's called margin. So if you have a thousand dollars, they'll letting you buy two thousand dollars worth of stock. You your money that you deposit in other stocks you own that's the collateral for the money. They let you borrow that collateral. But on robin hood, if you do this, they make it appear that that borrowed money is also what your account's worth. Iam, no, i think they damage people in an er, terrible way.
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