Margin Investing Is Risky
Robert R. Johnson
Cash-strapped investors with significant assets have two ways to generate money for spending or new investment: sell some of what they own, or borrow against it using a margin account.
Selling is simpler and less risky, but means unloading assets that might grow in value.
Brown, Jeff, "Margin Investing Is Risky" (2017). In the News. 2563.