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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: PAL who wrote (52076)7/18/1998 7:13:00 AM
From: JPR  Respond to of 176387
 
PAL:
If one really needs the money, just borrow on margin account, and keeps Dell. The interest is tax deductable, and Dell stock keeps rising
I found out from my accountant by the end of March/98 that the paid interest on margin account is deductible to the extent of what one earns in interest in other investments. If one has not earned any interest money in, say, a bank account, the margin interest is not deductible. Yes, it is a good idea to borrow against the margin rather than sell dell.
JPR