https://www.msn.com/en-us/money/other/elon-musk-warns-against-margin-debt-on-risk-of-market-mass-panic/ar-AA15DpC7?li=BBnb7Kz
1 reply
“I would really advise people not to have margin debt in a volatile stock market and you know, from a cash standpoint, keep powder dry”
accurate. if you don't have at least 50% of your annual salary as cash on hand, you are going to be f****d