“But I know there’s a great number of people that
A margin account allows you to borrow up to 50 percent of the cost to buy stock. If you have $3,000 cash in your account, you could purchase up to $6,000 worth of stock. You obtain a margin loan automatically when you buy stock in your margin account for more than the cash available in …
“But I know there’s a great number of people that Read More »