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Wait until the other Federal Regulations hit....Credit Card Acts, ect.
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Originally Posted by stateofsingularity
Basically, it means that the government will now limit your leverage to 10:1 (contra: the current 100:1 or 200:1).
Leaving aside the property rights issue (ie my right to gamble with my money as I see fit) and the issue of freedom of choice regarding risk, there is also a practical financial implication.
Currencies move in PIPs or points in percentage as low as 1/100's of a percent. To gain from these tiny moves, investors use lots and lots of leverage. While leverage can amplify their gains, it can also amplify their losses.
But this is a decision that individuals should make for themselves. Not the hordes of bureaucratic flunkies in DC.
Originally Posted by toast1985
Wait until the other Federal Regulations hit....Credit Card Acts, ect.
Originally Posted by CasperJr
mann shut up and go to bed
Regulations applied to the major Credit Card companies -over the limit rates, applied interest rates, cash advance rates, ect...Majority areintended to help, but from a Retail/Consumer POV, it essentially limits a lot of special interest rate promos - 3-24 month interest free on multiple CreditCard account types.Originally Posted by I am Furby
Originally Posted by toast1985
Wait until the other Federal Regulations hit....Credit Card Acts, ect.
What will be the outcome of that?
Originally Posted by RockyBalboa25
Originally Posted by CasperJr
mann shut up and go to bed
So are you mad that you don't understand what he is talking about or what?
Another case of nobody wanting to hear anything bad that has Obama's name attached to it, even if its valid.
Originally Posted by stateofsingularity
Basically, it means that the government will now limit your leverage to 10:1 (contra: the current 100:1 or 200:1).
Leaving aside the property rights issue (ie my right to gamble with my money as I see fit) and the issue of freedom of choice regarding risk, there is also a practical financial implication.
Currencies move in PIPs or points in percentage as low as 1/100's of a percent. To gain from these tiny moves, investors use lots and lots of leverage. While leverage can amplify their gains, it can also amplify their losses.
But this is a decision that individuals should make for themselves. Not the hordes of bureaucratic flunkies in DC.
Yes. Mr. President* Obama has officially lost it.
Fixed. Give the man some respect.
Originally Posted by So Authentic
Originally Posted by stateofsingularity
Basically, it means that the government will now limit your leverage to 10:1 (contra: the current 100:1 or 200:1).
Leaving aside the property rights issue (ie my right to gamble with my money as I see fit) and the issue of freedom of choice regarding risk, there is also a practical financial implication.
Currencies move in PIPs or points in percentage as low as 1/100's of a percent. To gain from these tiny moves, investors use lots and lots of leverage. While leverage can amplify their gains, it can also amplify their losses.
But this is a decision that individuals should make for themselves. Not the hordes of bureaucratic flunkies in DC.
Thank you for explainingOriginally Posted by ThrowedInDaGame
Originally Posted by CasperJr
mann shut up and go to bed
Originally Posted by imperialh8
Originally Posted by CasperJr
mann shut up and go to bed
mann shut up and go to bed
Originally Posted by Quig707
Yall NTers are pathetic. Why come into a thread that is way above your head, and get on OP because you dont understand it? He is not your teacher, he does not owe you an extremely dumbed down explenation. You know where the back button is. Take your ignorant selves and retreat back to some fapping thread you feel more at home in. OP's trying to make a legitimate point. This place gets worse by the day.
OP I hear you, on a personal investment level it is frustrating, but on the other hand, over leveraging is what lead us into the crisis we're still in now. What would you suggest as a better alternative?
Originally Posted by sneakaholic4life
Originally Posted by Quig707
Yall NTers are pathetic. Why come into a thread that is way above your head, and get on OP because you dont understand it? He is not your teacher, he does not owe you an extremely dumbed down explenation. You know where the back button is. Take your ignorant selves and retreat back to some fapping thread you feel more at home in. OP's trying to make a legitimate point. This place gets worse by the day.
OP I hear you, on a personal investment level it is frustrating, but on the other hand, over leveraging is what lead us into the crisis we're still in now. What would you suggest as a better alternative?
well from the way he posted, it seemed he wus prepared for a full board discussion although aware of the fact that only a sharp few were familiar to this topic, why didn't he at least make cliffs or explain in simpler terms, he sounded like a grumpy ol @#$#$% who needed some sleep so dats why he wuz told off
no but at least u should see why ppl mite tell him off the way they didOriginally Posted by imperialh8
Originally Posted by sneakaholic4life
Originally Posted by Quig707
Yall NTers are pathetic. Why come into a thread that is way above your head, and get on OP because you dont understand it? He is not your teacher, he does not owe you an extremely dumbed down explenation. You know where the back button is. Take your ignorant selves and retreat back to some fapping thread you feel more at home in. OP's trying to make a legitimate point. This place gets worse by the day.
OP I hear you, on a personal investment level it is frustrating, but on the other hand, over leveraging is what lead us into the crisis we're still in now. What would you suggest as a better alternative?
well from the way he posted, it seemed he wus prepared for a full board discussion although aware of the fact that only a sharp few were familiar to this topic, why didn't he at least make cliffs or explain in simpler terms, he sounded like a grumpy ol @#$#$% who needed some sleep so dats why he wuz told off
Does he deserve it?
Originally Posted by So Authentic
Originally Posted by stateofsingularity
Basically, it means that the government will now limit your leverage to 10:1 (contra: the current 100:1 or 200:1).
Leaving aside the property rights issue (ie my right to gamble with my money as I see fit) and the issue of freedom of choice regarding risk, there is also a practical financial implication.
Currencies move in PIPs or points in percentage as low as 1/100's of a percent. To gain from these tiny moves, investors use lots and lots of leverage. While leverage can amplify their gains, it can also amplify their losses.
But this is a decision that individuals should make for themselves. Not the hordes of bureaucratic flunkies in DC.