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Technology Stocks : Dell Technologies Inc.
DELL 126.59+0.1%3:59 PM EST
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To: freeus who wrote (21256)11/12/1997 6:16:00 PM
From: Rosemary  Read Replies (2) of 176387
 
Freeus,

Credit cards have monthly payments. Your confusing borrowing on margin or borrowing money from a credit card to buy stocks. Personally, I don't recommend any credit buying for stocks, but others have made fortunes borrowing to buy into companies that they didn't have the money to buy otherwise. So I've been told.

If you had the opportunity to buy one way or the other, the consequences of buying on margin can kill you when the market goes against you. If the market goes the wrong way and you borrowed from the credit card, all you have is monthly payments as opposed to selling the stock at its lowest point to cover a margin call.

And those monthly payments would be a long time reminder about borrowing on credit to buy stocks.
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