RE:RE:Margin""Now ask yourself how would you like to be paying interest on a margin account stock that is underwater and not covering the interest?""
Hey QUINT__Gotta KEEP in MIND That ALL of the Margin INTEREST is 100% Tax DEDUCTIBLE
So WHAT This MEANS in Practice For Me IS That THOUGH I AM Getting CHARGED
Prime Rate @ 6.45% on my ITrade Margin Account__AFTER TAX in the TOP Tax Tier
I AM Paying ONLY 3.00%
THUS Using MARGIN to BUY Any Dividend Paying Stock__Paying MORE Than 3.00%
WILL BE a Positive LOW RISK Gain For Me.
ESPECIALLY Knowing THAT Interest Rates WILL BE Going DOWN in the Months Ahead !!