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He’s talking about paying 5% interest to borrow leverage. That’s about the going rate.
by brockwhittaker 6y ago
He’s talking about paying 5% interest to borrow leverage. That’s about the going rate.
- arcticbull 6y agoMargin interest these days is a lot lower. 5% is about what Robinhood charges. IBKR charges 1.55-0.85% depending on the amount borrowed [1]. [1] https://www.interactivebrokers.com/en/index.php?f=44427 https://www.interactivebrokers.com/en/index.php?f=44427
- bob1029 6y agoThank you for bringing this to my attention.