by a searcher
from Clemson University
in Denver, CO, USA
8mos ago
Line of Credit Against Stock Portfolio
Anyone have any recs on alternative capital providers that lend against holdings in a general brokerage account (& Roth / IRA if possible too)? Thanks!
reply
by an intermediary
8mos ago
from Johns Hopkins University
in Brooklyn, NY, USA
Mitchell - be careful of these products.
If the market goes down, you can be forced to sell + owe additional money on the loan.
"There's no free lunch"
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by an investor
8mos ago
from Lousiana State University
in South Riding, VA, USA
Fidelity, Schwab and IB do this. Interest rates are better than commercial loans and you’re limited by a percentage of what you have in brokerageredacted% of total value). IB had the best interest rates when I checked.