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You normally don't get a margin call unless your securities, minus the debt, are worth 30% or less of their nominal market value.

Jane Bryant Quinn

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Jane Bryant Quinn
Age: 85
Born: 1939
Born: February 5
Journalist
Niagara Falls
New York
Market
Value
Nominal
Unless
Securities
Worth
Margin
Security
Minus
Call
Margins
Values
Normally
Less
Debt

More quotes by Jane Bryant Quinn

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The chief function of stock-market forecasters is to make astrologers look respectable.
Jane Bryant Quinn
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Life insurance can be numbingly complicated. Clients often turn off their brains and surrender their judgment to the very agent or planner who brought on their coma in the first place.
Jane Bryant Quinn
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Lawyers are operators of the toll bridge across which anyone in search of justice has to pass.
Jane Bryant Quinn
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It seems like only yesterday that savers were dorks. They kept piggy banks. They drove last year's cars. They fished in their change purses for nickels while the superstars flashed credit cards. Today, values have changed. The new object of veneration is not money on the hoof but money in the bank - and the dorks all have it.
Jane Bryant Quinn
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You don't date an annuity, you marry it. An annuity isn't a mutual fund that you buy today and sell tomorrow. Nor is it a certificate of deposit, ready for any new use at maturity. When you buy an annuity, you are making (or ought to be making) a 15- or 20-year commitment, at least.
Jane Bryant Quinn
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Where you stand should not depend on where you sit.
Jane Bryant Quinn
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You get the most out of what you need the least.
Jane Bryant Quinn
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hindsight is not a strategy.
Jane Bryant Quinn
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Everyone needs a small-town banker. Especially in a big town.
Jane Bryant Quinn
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Three reasons not to have a [spending] plan: 1. You're rich enough to buy anything you want and still have plenty of money left over. 2. I forget the other two.
Jane Bryant Quinn
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No one knows what stocks will do tomorrow, but the evidence is clear as to how they'll perform over 10 or 20 years. They will almost certainly go up.
Jane Bryant Quinn
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The best real-estate investments with the highest yields are in working-class neighborhoods, because fancy properties are overpriced.
Jane Bryant Quinn
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Everyone said, 'You can't lose money in real estate, because they're not making any more of it.' Hmmmm. Where did everyone go wrong?
Jane Bryant Quinn
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For all the huffing and puffing of the doubters, a home of our own is still the rock on which our hopes are built. Price appreciation aside (and most houses will appreciate, eventually), homeownership is a state of mind. It's your piece of the earth. It's where a family's toes grow roots. It's where the flowers are yours, not God's.
Jane Bryant Quinn
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Equality is never given, it is taken.
Jane Bryant Quinn
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Buy a friend hire a lawyer.
Jane Bryant Quinn
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Never try to time the bond market. Anyone who claims to know the future of interest rates is certifiable.
Jane Bryant Quinn
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Savings will not make you rich. Only canny investments do that. The role of savings is to keep you from becoming poor.
Jane Bryant Quinn