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Margin Investing - I used Margin Investing $10,170 to lower my average cost per share
· 05.04.2023 · 02:22:26 ··· MiTTwoch ⭐ 0 🎬 0
📺 My Investment Journey
In this video i purchased over $10,000 worth of shares using margin investing… in the process I lower my average cost per share.
Since I’m using robinhood at the time of this video using margin investing is 7.5%
That means if I use (borrow with margin investing) $100,000 robinhood charges 7.5% which is monthly…
So I’m order to borrow $100,000 for a year I will have to pay $7,500 a year or $625 to robinhood a month by adding money to your robinhood account.
If you don’t add monthly monthly then it’ll be added to the amount of margin your using…
· 05.04.2023 · 02:22:26 ··· MiTTwoch
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