News for hackers. Stuff that matters.

A comment on Individual Investors Get Burned by Collapse of Complex Securities. Parent comment

Re:Individual Investors Get Burned by Collapse of Complex Se... by brockwhittaker on Monday June 01, 2020 @06:04PM (#23384523)
He’s talking about paying 5% interest to borrow leverage. That’s about the going rate.
[ Parent | on HN ]
Re:Individual Investors Get Burned by Collapse of Complex Se... by arcticbull on Monday June 01, 2020 @06:44PM (#23384955)
Margin interest these days is a lot lower. 5% is about what Robinhood charges. IBKR charges 1.55-0.85% depending on the amount borrowed [1].

[1] https://www.interactivebrokers.com/en/index.php?f=44427

[ Parent | on HN ]
Re:Individual Investors Get Burned by Collapse of Complex Se... by bob1029 on Monday June 01, 2020 @07:26PM (#23385294)
Thank you for bringing this to my attention.
[ Parent | on HN ]