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To: alvin ung who wrote (28929)12/30/1997 5:07:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
My account contains several different stocks.The only way I can figure it out is to proportion margin interest to each stock then divide. It gets complicated when you have staggered buy sell dates too.:) Alvin, If it really matters, you may create a spreadsheet to keep you up to date. I would not bother. Glenn



To: alvin ung who wrote (28929)12/30/1997 5:17:00 PM
From: margin_man  Read Replies (1) | Respond to of 61433
 
Alvin,

FYI, margin interest can't be added to the basic cost of
buying/selling a stock.

It can only be used to offset other interests you make, I believe.
Like capital loss, margin interest can be carried from one year to
the next.

Patriot


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