Quote:
Originally Posted by Jason14h
Thanks Slava,
I honestly had no idea, that I could get a $500 K loan to invest in the market, with no collateral, based solely on my income for around 3%. I have heard of small amounts for RRSP, etc.
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Yeah you can't borrow nearly as much as you can with real estate. I think you get two or three times your cash holdings in a margin account. But one advantage you get that home owners don't is that you can borrow us funds. So essentially you pay interest on USD instead of converting. This is a massive benefit to stock market investing.