KT
👤 SpeakerAppearances Over Time
Podcast Appearances
My first Who's Right is about margin account madness.
I saw someone in the community app say that buying on margin is dangerous.
And Susie, you agreed, saying it was just plain stupid.
But I just opened an account at my brokerage firm and my advisor told me I should absolutely sign up for margin.
even if I don't plan to use it right away.
So now I'm confused.
Is having margin access smart financial flexibility or am I just setting myself up for trouble?
Who's right, Susie, my advisor or you?
Here's the problem, KT.
Ready, everyone?
The title is gas prices versus moving out.
Okay, listen up, Susie.
Oil prices have been all over the place, but gas prices where I live are definitely not going down.
I drive two hours a day for work, 120 miles each way.
Gas is costing me $5.60 a gallon.
He must live in California.
He's from California.
I get 22 miles a gallon.
It is costing me about $60 a day.
And oh yeah, Susie, my car has almost 200,000 miles on it.