Superior Plus Corp T.SPB

Reddeer

[Banshee]

This is not an attack but a legit question l would think many here and elsewhere might find interesting and informative. You are the only person on the boards that advocates the use of margin and no doubt it has worked to your benefit. Now l could check this question on line , but l think it is both important and relative. I am aware that you swing about a 2 million bucks margin account and as of now you stated only 31 percent is drawn .So dl you pay full interest on the entire account amount or only the portion in use. .When interest rates are very low and your dividends exceed the fee , all well and good , but what about now , don't know what that margin account costs but l would guess your overall div I come today is about 6 percent and l would guess your interest payment is somewhat higher.Cheers thanks for a reply

[Red_Deer]

Hey BanShee__WHY do You KEEP ON Asking as You HAVE Posted MANY Times that You Will NEVER Have the NERVE to USE Margin__And Besides ALL Your Holdings are in REGISTERED Accounts Where Margin is NOT ALLOWED. In Answer to YOUR Questions__You ONLY Pay DAILY INTEREST on the PORTION of Your Total Available BUYING POWER (Credit Available) Drawn IN USE As a Platinum Level LONG TIME Customer I

[TimeBuilder1]

Thank You Red..well stated .. Hope everyone understands the process... Regards, TB1 PS:  taxation is real important when Investing  ;>)