RE:Borrowing On Margin... advantages, pitfalls? Pros: Can buy more than a 1:1. Say, you can buy 100 shares instead of 50. Dreams of riches.
Cons: The price declines, and you haven't made $$ before the loan is due and you're forced to sell into your original position to cover the balance.
As everyone's friendly neighborhood Accountant, this is strongly NOT recommended!!