TSX:REI.UN - Post by User
Comment by
milliontraderon Aug 13, 2020 4:08pm
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Post# 31405291
RE:RE:RE:RE:RE:Margin Account
RE:RE:RE:RE:RE:Margin AccountCant wrap my head around the math. How many shares of riocan have you bought on margin ? How many in TFSA? With 70k I have 173k worth of stocks and 55k in buying power and my maintenance excess is 17k. Assuming you have borrowed 400k on margin, with questrade ( 6.825%) your monthly interest charge is $2275 per month vs IBKR ( 1.3%) $430. The tfsa also increases the margin power in your margin account at IBKR