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Technology Stocks : How high will Microsoft fly?
MSFT 478.29-1.8%Nov 20 3:59 PM EST

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To: Dwight E. Karlsen who wrote (26524)7/18/1999 11:09:00 AM
From: PMS Witch  Read Replies (1) of 74651
 
Off topic ... Living on borrowed money ...

I've done this for a decade. A normal margin account will allow clients to borrow against the value of their shares. As the shares appreciate, the borrowing ability of the client grows. One only needs to select stocks which grow faster than their interest and living expenses.

Eventually, the debt must be repaid. Until then, the tax man can go to hell! It's like getting an interest free loan from the government, and it's legal.

Cheerios, PW.

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