Unique_Mastodon5855 t1_j9dcxvi wrote on February 21, 2023 at 2:22 AM

Reply to comment by Cayman987r in Any Bear agrees?... by jeanpaultru

Tell me you use Robinhood without telling me you use Robinhood

Cayman987r t1_j9dfm52 wrote on February 21, 2023 at 2:42 AM

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 on February 21, 2023 at 3:14 AM

mcarther101 t1_j9dl40e wrote on February 21, 2023 at 3:27 AM

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 on February 21, 2023 at 3:32 AM

Because margin isn’t free

mcarther101 t1_j9dp5cs wrote on February 21, 2023 at 4:01 AM

Ahh.. duh.. I just looked up margin rate… costs more than bond yields