LogFAQs > #938041338

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Topic	Stock Topic 3
Moonroof 04/24/20 11:40:46 PM #377:	Margins let you use an extra 100% of what you have in the bank. They charge interest if you use that extra money though so I never do. Im not sure if they only charge interest when you make a gain or what. Regardless, I would recommend only investing what you have saved up. As far as BoA, I would not do another $1k now. Because it will auto be set at whatever its opening price is on Monday, NOT what it closed at today. <cite>Moonroof posted [p:938041338] in Stock Topi... [t:78557039]...</cite> <quote>Margins let you use an extra 100% of what you have in the bank. They charge interest if you use that extra money though so I never do. Im not sure if they only charge interest when you make a gain or what. Regardless, I would recommend only investing what you have saved up. As far as BoA, I would not do another $1k now. Because it will auto be set at whatever its opening price is on Monday, NOT what it closed at today. </quote> ... Copied to Clipboard!
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