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 : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (68766)6/5/2015 9:59:43 AM
From: FJB  Respond to of 95574
 
I googled NYSE margin debt and could not find anything definitive in how they measure it. But when they refer to "margin debt" in general it is across the entire exchange, so ETFs could be included in that. I will google some more...

Bankers, brokers and exchanges are about as transparent as government.



To: Gottfried who wrote (68766)6/5/2015 10:05:56 AM
From: Elroy  Read Replies (1) | Respond to of 95574
 
I never used margin much and I've been investing since about 1994. I recently took out a large margin position (about 15% of my brokerage account assets) and bought a bunch of high yield stuff, like these 2x levered ETNs and some higher yielding MLPs.

The theory is the margin costs me 1.5%, the stuff I bought pays 10%-15% on average.
I'll hopefully just hold onto the high yield stocks and they'll pay off the loan as time passes. It may not work, but I like the idea. I don't trade the high yield stuff, I just sit around and collect the distributions/dividends.