I was researching opening a brokerage account when I read the following description:

With a Margin Account, you can buy and sell most of the same types of securities as you would in a Cash Account, but you'll have the added advantage of leveraging your investments.

Ummmm... no thank you!

If people a lot smarter than me are loosing money by the truckload in the stock market, I'm not arrogant enough to believe that trading on borrowed money is a wise personal choice.