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Margin Account for stoozing?

Credit Cards, borrowing on Loans and discussions on Stoozing
Cookie
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Margin Account for stoozing?

#248361

Postby Cookie » August 31st, 2019, 4:42 pm

Old news I know, but could this be a consideration for stoozing?

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

moorfield
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Re: Margin Account for stoozing?

#253120

Postby moorfield » September 22nd, 2019, 11:41 am

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.


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