Comment on The ultra-wealthy just gained $49 trillion in wealth thanks to stocks
originalfrozenbanana@lemm.ee 3 months agoI guess the difference there is that the wealthy can take out loans and secure assets like houses against their stocks but yes the stock market isn’t real
popcap200@lemmy.ml 3 months ago
I mean, regular people can do that too, just not to the same extent. Robinhood is offering 6.75% now on margin loans, and IBKR has like 6.85% or so.