He borrowed more than $100,000 to buy Tesla stock—Here's why more investors are taking on debt
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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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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.