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To: Elmer Phud who wrote (208173)8/12/2006 12:08:26 AM
From: PetzRespond to of 275872
 
re: sleep much better at night with cash backing margin rather than shares that can go south.

AMEN to that, & they pay you interest on that cash margin instead of charging it!

I've done much better in my cash IRA account than in my margin account. The only thing that keeps my margin account from being a total disaster is that I like to take money out when it goes up. But buying options on margin is almost always bad.

:o)

Petz


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