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This is not true: "very low rate." My brokerage starts at 12+% which I would not call low. It never even reaches prime at millions of borrowing, and I do not ha
by SomeHacker44 2y ago
This is not true: "very low rate." My brokerage starts at 12+% which I would not call low. It never even reaches prime at millions of borrowing, and I do not have remotely enough to get much better a rate.
- kman82 2y agoWrong brokerage. Interactive Brokers lends at 5% on large amounts and around 6% on small amounts.
- htrp 2y agoyou need to look at the Lombard landing products offered by banks, not margin loans on brokerage or personal loans
- mixmastamyk 2y agoInteresting... https://en.wikipedia.org/wiki/Lombard_banking https://en.wikipedia.org/wiki/Lombard_banking
- dranudin 2y agoYou can also lend money from the options market with a box spread for around 4-5%. See e.g. boxtrades.com
- red-iron-pine 2y agooptions are a whole different box of worms, and playing that game has a lot more risk. "but uh its a box trade it can't go wrong because bla bla bla bla" -- then things proceed to go wrong