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Margin Account for stoozing?

Posted: August 31st, 2019, 4:42 pm
by Cookie
Old news I know, but could this be a consideration for stoozing?

https://financefeeds.com/borrow-money-f ... -solution/

Re: Margin Account for stoozing?

Posted: September 22nd, 2019, 11:41 am
by moorfield
Cookie wrote:Old news I know, but could this be a consideration for stoozing?

https://financefeeds.com/borrow-money-f ... -solution/


You can achieve the same effect using a spread betting account. If you are holding/rolling positions on a portfolio of HYP-like shares then some brokers apply credits reflecting the dividend payments, which will offset your borrowing costs. The discipline you must get to grips with is managing your deposit and not being too greedy with the leverage you use, that is where most punters go wrong.