vendredi 24 février 2023

Margin interest rate

I just saw that the interest rate on my margin was 8%! 

Who wants to borrow money and invest with a margin with such high interest? 

Given the fact that the market has an average annual performance of 9-10%, it makes absolutely no sense to use margin at this time. 

I've decided to reimburse entirely my margin. You should do the same. 

It's time to invest only the money you own. Otherwise, your chances to get poorer are high. 

1 commentaire:

  1. it's not as unfavourable for traders/short-term investors to use margin at this time.