Re:Individual Investors Get Burned by Collapse of Complex Se...
by bob1029 on Monday June 01, 2020 @05:21PM
(#23384013)
I strongly disagree with the notion of "dangerous" advice, especially when given in good faith. I even prefaced my post with a disclaimer regarding this practice.
I could pose a counterargument that not investing aggressively in finance from a young age is the most dangerous thing you could do to your future self if you hope to maintain an equal or superior standard of living.
But I wouldn't widely suggest people lever up 2x using margin. It's dangerous advice. In a severe down market you can be wiped out with a margin call and forced to sell at a low point in the market.