The ups and downs of trying to accumulate a seven-figure net worth on a five-figure salary, loose weight, get fit, and do a post-grad course while working full-time... oh, and train for air pistol competitions ;)
Wednesday, 15 November 2006
A Word a Day: "Margin Lending"
The use of borrowed funds to purchase securities. It magnifies returns (losses or gains) by reducing the amount of capital an investor must contribute to the investment.