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What kind of interest does that pay? It seems like a good way to use shares on which you are going long and plan to hold for a while.
by IgorPartola 6y ago
What kind of interest does that pay? It seems like a good way to use shares on which you are going long and plan to hold for a while.
- humanlion87 6y agoIt depends on the stock and the current demand for that stock. If you had GME shared during the recent frenzy, you could have earned a lot in interest. But, say you have Google, you won't earn much since there is a lot of shares and lot of people willing to lend.
- IgorPartola 6y agoDo you have a sense of at least order of magnitude for the interest rates? Like, is this a "up to 0.25% annually" situation or is it something more substantial?