Submitted by jeanpaultru t3_117ivrk in wallstreetbets
Cayman987r t1_j9c9kky wrote
Reply to comment by FancyErection in Any Bear agrees?... by jeanpaultru
I’m up 11% ytd as a bull but not feeling good risking my gains for another 3-5% when my cash is earning 4.15%. And would anyone else? Bearish
Unique_Mastodon5855 t1_j9dcxvi wrote
Tell me you use Robinhood without telling me you use Robinhood
Cayman987r t1_j9dfm52 wrote
Etrade offers me like 0.15% on cash so I transferred my 350k out 🤷♂️. I do like I can buy t-bills with 10x leverage on Etrade though so I left 50k there
MrHandyHands616 t1_j9djjyh wrote
mcarther101 t1_j9dl40e wrote
Can you explain to me how Margin T bill works? Since it’s practically zero risk, why not make 4% on $1M if buying power of $100k can be 10x? Am I missing something, why wouldn’t everyone just leverage up on buying treasury securities for guaranteed cash flow?
Cayman987r t1_j9dlpfo wrote
Because margin isn’t free
mcarther101 t1_j9dp5cs wrote
Ahh.. duh.. I just looked up margin rate… costs more than bond yields
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