P 500 has fallen 17.4 per cent since the start of the year, while bond prices, which have traditionally acted as a hedge against sharemarket downturns, are also sharply lower.
“So if the interest cost is going to be 8.5 per cent, then most of that return is going to the bank rather than you, so you end up taking a lot of risk, but you actually don’t get much of the return.” In one of the most high-profile margin calls of the pandemic-inspired market crash, Mark Fortunatow, the chief of listed Australian technology company Spacetalk, was forced to sell shares totalling $225,189 in his own company after being asked to cover his losses.
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
Some wisdom for anyone contemplating a margin loan.