SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Dwight E. Karlsen who wrote (26524)7/18/1999 4:38:00 AM
From: ed  Read Replies (1) | Respond to of 74651
 
Well, you can make a loan with your stock broaker .

I just buy MSFT every June , generally through the Leap and exercise
at expiration, My order is generally market order , and do not care about the price , just the most far out leap with the longest time frame. Buy and hold , never sell a single share of MSFT.



To: Dwight E. Karlsen who wrote (26524)7/18/1999 11:09:00 AM
From: PMS Witch  Read Replies (1) | Respond to 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.




To: Dwight E. Karlsen who wrote (26524)7/18/1999 2:02:00 PM
From: Gerald Walls  Respond to of 74651
 
I don't know of anyone doing that, but I suppose there are people doing that.

I see ads for those writing these types of loans in the IBD and sometimes even in the local business section of the Arizona Republic.



To: Dwight E. Karlsen who wrote (26524)7/18/1999 11:31:00 PM
From: taxman  Read Replies (1) | Respond to of 74651
 
"What are the terms [of your loan]?"

i been borrowing from my broker, dreyfus discount, to finance my option purchases and living expenses at the current rate of 6.5%.

regards