2023年5月1日星期一

How to access your brokerage account’s hidden feature

Investing Daily
I've been getting asked a lot of questions about First Republic Bank (NYSE...
How to access your brokerage account's hidden feature

Using a 'backdoor' feature built into most brokerage accounts... this simple strategy turns everything you thought you knew about trading... completely on its head. With this odd type of trade - you're able to legally scoop up cash other investors are 'losing' in the market. And I'm not talking chump change here...The 'Oracle of Omaha' himself has used this very strategy to rake in as much as $4.5 billion in 'lost' cash in a single year. Your brokerage account's 'back door' feature.

Is First Republic Bank the Next Big Meme Stock Trade?
By Jim Pearce

I've been getting asked a lot of questions about First Republic Bank (NYSE: FRC) lately. That's understandable since its share price fell through the floor after the collapse of Silicon Valley Bank (SVB) in March.

In early February, FRC was trading above $147 after rising 21% since the start of the year. Last week, it dropped below $5 on fears that the bank may go into receivership.

Like SVB, First Republic Bank has an unusually high number of uninsured deposits. It is headquartered in San Francisco and does business with many of nearby Silicon Valley's venture capitalists and the companies in which they invest.

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