To: Letmebe Frank who wrote (3050 ) 9/19/2002 7:30:13 PM From: marcos Read Replies (1) | Respond to After posting that i took a look, saw suf as overweight, put up a few on offer and they went poof ... it's above twenty per cent of pf now i guess but not by much ... of course since they give you seventy per cent margin against it, i'm only using seven per cent of buying power on suf, there's also that way of looking at it .... this is the big scarey thing in playing the marginable ones, that it's easy to get carried away swinging the leverage .... one beauty of the pennies, is that you have to pay them off with your own money, right up front .... is there anybody else out there who resists putting over-3.00 stocks in rrsp accounts because you can't get margin on them there -g- ... i hardly ever do, my rrsps look like an old VSE quote page .... they get just as good a return though, for several years now since i started managing them, used to neglect that whole side of it ... hardest thing in an rrsp for me, is maintaining a cash balance to take advantage of whatever opportunity comes along, as you can't just deposit a cheque into them to cover a purchase, and you don't have the option of dipping into margin
