He borrowed more than $100,000 to buy Tesla stock—Here's why more investors are taking on debt
Investors are borrowing more against their portfolios as stocks climb. Hy Luu, a 29-year-old Tesla investor based in Houston, offers a window into the rise in leverage after using six figures of margin and refinancing his home to reduce the risk of a margin call. CNBC's Sean Conlon explores what’s driving the rise in margin debt and what can happen when prices fall.
Investors are borrowing more against their portfolios as stocks climb. Hy Luu, a 29-year-old Tesla investor based in Houston, offers a window into the rise in leverage after using six figures of margin and refinancing his home to reduce the risk of a margin call. CNBC's Sean Conlon explores what’s driving the rise in margin debt and what can happen when prices fall.
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