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Philip Murray
CNBC Television
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Comments by "Philip Murray" (@PhilipMurray251) on "The Fed has no problem with the stock market going down" video.
You'll make a lot of money in the long term if you stay invested and ignore the market's ups and downs; but, a major market correction triggers a lot of margin calls and sell-offs, sending the market further lower. In a bull market, people become greedy, and it's nearly impossible to resist the urge to buy additional stocks with borrowed money or money they don't have.
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