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?