Hacker News new | ask | show | jobs
by charlesdm 3367 days ago
At $10/mo (=$120 year), assuming a 1.5% interest rate, you're actually saving money on interest expenses if you invest more than $10k on margin for > 1 year. Doesn't sounds that bad to me?
1 comments

It's $10/mo to borrow up to $2k. The cost to borrow more goes up.
It's 100$ pm to borrow 24K$. It is not bad overall.
At least 6% and 5%? Not bad. If you use all of it.

Still, I'm predicting margin calls in someone's future.