RE:MarginUsing a margin account for anything is risky.
It is even riskier if you're not sure.
I would say a margin is great plan if you're practically rock solid certain about your investment.
That would be blue chip dividend payers and even though BCE has been considered one...is it?
It used to be but just to gauge your own certainty ask yourself what level did you buy at and what level is it at now?
Now how certain are you that BCE is blue chip and that the share price has bottomed?
Using a margin seems like a great way to get ahead but it also seems like a good way to go upside down.
Now ask yourself how would you like to be paying interest on a margin account stock that is underwater and not covering the interest?
Just saying be careful.
GLTY