Bought Stock On Margin At A 12.575% Interest Rate And Survived
If there's one thing I don't recommend, it's buying stock on margin. Due to the volatility of stocks and high margin interest rates, borrowing money to buy stocks is a bad idea. Conversely, I'm not opposed to buying a home on margin, namely through a mortgage, if buying follows a homebuying guideline like the 30/30/3 […] The post Bought Stock On Margin At A 12.575% Interest Rate And Survived appeared first on Financial Samurai.
If there's one thing I don't recommend, it's buying stock on margin. Due to the volatility of stocks and high margin interest rates, borrowing money to buy stocks is a bad idea. Conversely, I'm not opposed to buying a home on margin, namely through a mortgage, if buying follows a homebuying guideline like the 30/30/3 […]
The post Bought Stock On Margin At A 12.575% Interest Rate And Survived appeared first on Financial Samurai.
