@[email protected] to Mildly [email protected]English • 7 months agoReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldimagemessage-square117fedilinkarrow-up1929arrow-down131
arrow-up1898arrow-down1imageReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.world@[email protected] to Mildly [email protected]English • 7 months agomessage-square117fedilink
minus-square@[email protected]linkfedilinkEnglish2•edit-27 months agoThey can take out loans with the stocks as collateral. The money received from loans isn’t taxable.
minus-square@[email protected]linkfedilinkEnglish1•7 months agoThat still requires you to make sure the stock are worth something, and you have to pay interest on that loan. I think people are thinking I’m defending the system, I’m not, I’m just pointing out how it works.
They can take out loans with the stocks as collateral. The money received from loans isn’t taxable.
That still requires you to make sure the stock are worth something, and you have to pay interest on that loan.
I think people are thinking I’m defending the system, I’m not, I’m just pointing out how it works.