[azthecx]

There are arguments to be made, especially if you're young and just starting out to take a reasonable amount of margin and kickstart your compounding growth.

Say you just started working, have no use for your money and are willing to bet 20k on index funds vs a 90% market drop, you should be able to take 2k in leverage and set up your position be auto closed.

But of course as you have more money this type of market exposure starts shifting as you have shorter timer horizons to rebuild and are instead going into more of a wealth conservation mode.

[eptcyka]

You clearly are delusional if you believe that the people drowning in credit card debt are in ever in this position.

[azthecx]

Please don't put words into other people's mouths, I've never made that claim nor do I agree with it.

    Margin stock accounts also exist, although I don't know enough to know what situations it makes sense to use them in.

I was obviously replying to this part of the parents comment.