Your brokerage will likely lend you money but you will be disappointed by the ra... | Hacker News

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		creer on Oct 16, 2024 \| parent \| context \| favorite \| on: The richest people borrow against their stock (202... Your brokerage will likely lend you money but you will be disappointed by the rate. It is not "very low". Not even "low". At least not where we are now in the interest rates cycle.

christophilus on Oct 16, 2024 [–]

Interactive Brokers is 6%. Not low, but not bad.

creer on Oct 16, 2024 | [–]

5.8 - 5.6% above 100k now indeed, and that's for margin (which you can live on OR re-invest)! Not low but improving yes!

Roughly in line with a 15 yr fixed rate mortgage but not tax deductible at least if you live on it. Might be tax deductible if you re-invest.

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