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At 24 min she says it out loud, retail investors are simps, chattel in what looks like a multi-trillion dollar Ponzi foisted by the big banks and Wall Street firms. Don’t worry though, the music is still playing and even if it stops, that SIPC insurance will protect you…
Who cares? Zero commissions started because Robin Hood started 0 commission trades and the major players didn't want to lose customers. They also make interest off money not invested but stored in their accounts just like banks do.
And do you even know the definition of broker?? Apparently not. It's not some conspiracy theory or secret that brokers don't own the securities. They are the middle man connecting buyers and sellers. That's their actual function and purpose. Broker: a person who buys and sells goods or assets for others.
I've heard similar arguments about the money in your bank accounts can be confiscated in a bank "bail-in" scenario since you are considered an "unsecured depositor."
The same thing can be said about anything bought DIGITALLY, whether that's video games, movies, music, ebooks, etc.
If you can't physically hold it, you don't really own it.
I've heard similar arguments about the money in your bank accounts can be confiscated in a bank "bail-in" scenario since you are considered an "unsecured depositor."
The same thing can be said about anything bought DIGITALLY, whether that's video games, movies, music, ebooks, etc.
If you can't physically hold it, you don't really own it.
False. Money in your bank account is insured by the federal government and of course you really own it. Anything bought digitally is your property. You need better sources. Been getting your information from doomsday preppers?
I've heard similar arguments about the money in your bank accounts can be confiscated in a bank "bail-in" scenario since you are considered an "unsecured depositor."
The same thing can be said about anything bought DIGITALLY, whether that's video games, movies, music, ebooks, etc.
If you can't physically hold it, you don't really own it.
I've never heard this before. Sounds conspiracy-ish to me. My money is digital in my bank, doesn't mean it's the bank's money. FDIC insures it up to a certain dollar amount.
Also, if that's true, what about real estate? I don't physically hold it either, does that mean some banker can just take my house?
Who cares? Zero commissions started because Robin Hood started 0 commission trades and the major players didn't want to lose customers. They also make interest off money not invested but stored in their accounts just like banks do.
And do you even know the definition of broker?? Apparently not. It's not some conspiracy theory or secret that brokers don't own the securities. They are the middle man connecting buyers and sellers. That's their actual function and purpose. Broker: a person who buys and sells goods or assets for others.
Disparage the outlet, but don’t bother to understand the message from someone who saw firsthand what was happening at the corporation entrusted to keep everything legit? Continue sleep walking if it makes you happy. Or as they say (in private of course) at DTCC, “you can’t balance the world”.
Disparage the outlet, but don’t bother to understand the message from someone who saw firsthand what was happening at the corporation entrusted to keep everything legit? Continue sleep walking if it makes you happy. Or as they say (in private of course) at DTCC, “you can’t balance the world”.
I didn't see any facts in your post. Only misinformation. Learning what a broker is is step 1. Your whole title is total BS and if you would just learn to use google you could have answered your own question.
I didn't see any facts in your post. Only misinformation. Learning what a broker is is step 1. Your whole title is total BS and if you would just learn to use google you could have answered your own question.
”Investors can now trade stocks for free through most brokers. But how do brokerages make money if they’re waiving commissions? A deep dive into the commission-free trading movement reveals various business activities that build profits, sometimes to the disadvantage of clients.”
Rehypothecation occurs in a margin account when the broker-dealer uses an asset—stock securities in this case—as collateral to fulfill their own obligations or interests. In other words, they can fund their own market bets or borrow money from a bank, using your stocks as collateral if things go haywire. This practice tends to work well in quiet times. On the other hand, it can have disastrous consequences when the financial system is under stress.”
When the service is free, the product is you. DTCC and the SEC turn a blind eye to naked shorts, failures to settle, and a host of other malfeasance which are funded by “liquidity” from retail stooges. But hey, anything goes these days.
When the service is free, the product is you. DTCC and the SEC turn a blind eye to naked shorts, failures to settle, and a host of other malfeasance which are funded by “liquidity” from retail stooges. But hey, anything goes these days.
Considering most of the brokers I've seen, being blind to their naked shorts, is probably an advantage.
ehypothecation occurs in a margin account when the broker-dealer uses an asset—stock securities in this case—as collateral to fulfill their own obligations or interests. In other words, they can fund their own market bets or borrow money from a bank, using your stocks as collateral if things go haywire.
Emphasis on “margin account” and “your stocks.” You do realize that when you’re using margin, you’re using money borrowed from the broker, so whatever is in your margin account isn’t really yours to begin with. Simple solution, don’t use margin.
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