講稿18/21
融資追繳其實是一項保護機制
既保護券商，也保全投資人
一旦被斷頭了
頂多賠光本金
不至於輸掉借來的錢
變得不可收拾
借房貸、信貸、公教貸款的股票投資人
把這項保護機制拿掉，
是陷自己於更大的風險之中
Margin calls are actually a protective mechanism —
protecting both the brokerage and the investor.
Once you’re forced to liquidate,
at worst you lose your principal,
but you won’t also lose the borrowed funds
or let the situation spiral out of control.
But investors who fund their stock purchases with mortgages, personal loans, or civil servant/teacher loans
have removed this safety net,
putting themselves at far greater risk.