InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,290.58
(
0.32%
)
Post# of 96904
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Gmc2020

Send PM Follow Ignore
Followers 20
Posts 1097
Boards Moderated 0
Alias Born 03/09/2014

Gmc2020

Re: Gmc2020 post# 28875

Sunday, 06/04/2017 11:25:29 AM

Sunday, June 04, 2017 11:25:29 AM

Post# of 96904
Just like buying a car through financing.... you own it when you drive if the lot... but you have a debt obligation to the financier.

If the car becomes an instant classic....and you decide to sell it for 100x what you bought it for, you keep that cash but you still have to pay back the initial loan amount to the financiers
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up