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.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (5686)6/11/2010 3:23:08 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 219716
 
I think it's smart not to own that chopper, the maintenance on one of those things is ridiculous, it's always better to lease it... the same thing with a private jet, it's always better to lease the flight time from wheels up to wheels down than to own the jet outright, that's just nuts... my apologies to anyone who reads this and owns his own jet...

GZ



To: robert b furman who wrote (5686)6/11/2010 3:34:46 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219716
 
Uh oh, another late afternoon rally, KATIE, BAR THE DOOR!!!

GZ



To: robert b furman who wrote (5686)6/11/2010 4:04:37 PM
From: w0z  Read Replies (2) | Respond to of 219716
 
I was originally with Brown & Co, and eTrade retained similar margin rates after their acquisition. I thought they were very reasonable and have been using margin instead of a mortgage to finance my current house since 1995 because the rates were much lower.

$1,000,000 or more 2.89% (1.25% below base rate)
$500,000 to $999,999 3.64% (0.50% below base rate)
$250,000 to $499,999.99 4.64% (0.50% above base rate)
$100,000 to $249,999.99 5.64% (1.50% above base rate)

With mortgage rates now down to about 4.5%, and expecting short term rates to go through the roof after Obama gets done, I'm now thinking about converting to a 30 year fixed mortgage.

Margin and mortgage are the only interest expenses currently deductible under IRS regs.

How do these rates compare with Scott and IAB?