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Borrow 1 million at 1.3%
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Hayinhere
Posted 11/7/2012 13:51 (#2684082)
Subject: Borrow 1 million at 1.3%


Central NE

I was watching CNBC and saw a commercial from interactive brokers saying "Interactive brokers will lend USD 1 million at 1.3% for every USD 200,000 in a portfollo margin account."

"Requires $100,000 minimum account equity." and  "see our high dividend scanner for the many hundreds of stocks that yield over 5%."

What do you think of the offer?  What is your impression of it?

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