111000@reddthat.com to Lemmy Be Wholesome@lemmy.world · 11 months agoUnlimited moneyreddthat.comimagemessage-square113fedilinkarrow-up1693arrow-down126
arrow-up1667arrow-down1imageUnlimited moneyreddthat.com111000@reddthat.com to Lemmy Be Wholesome@lemmy.world · 11 months agomessage-square113fedilink
minus-squareCaptnNMorgan@reddthat.comlinkfedilinkarrow-up5·11 months agoWhat about stocks? Couldn’t you load millions into various companies and cash out the next day?
minus-squareAnarchistsForDemocracy@lemmy.worldlinkfedilinkarrow-up4·11 months agoWhy would you even cash out at that point? just keep the stocks.
minus-squareCaptnNMorgan@reddthat.comlinkfedilinkarrow-up3·11 months agoBecause I’m not smart enough to buy groceries with stocks
minus-squareAnarchistsForDemocracy@lemmy.worldlinkfedilinkarrow-up1·11 months agoAnd I’m not smart enough to know I’m not smart enough: Micro loans with the stock as collateral
minus-squareTja@programming.devlinkfedilinkarrow-up1·11 months agoDepends on the broker, usually you have to transfer the money in advance… If you can buy them directly from your bank that would be a great strategy :)
What about stocks? Couldn’t you load millions into various companies and cash out the next day?
Why would you even cash out at that point? just keep the stocks.
Because I’m not smart enough to buy groceries with stocks
And I’m not smart enough to know I’m not smart enough: Micro loans with the stock as collateral
Depends on the broker, usually you have to transfer the money in advance…
If you can buy them directly from your bank that would be a great strategy :)