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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (36670)1/23/1999 2:42:00 AM
From: James F. Hopkins  Respond to of 94695
 
Thanx ; and that sounds about the way I thought it should, or
would be, if they let investors buy funds on margin it seems it would
have the same effect of the fund going on margin, but then again
if your useing the fund as a collectable, and a down turn
hits and you prefer to keep stock, you could sell the fund anyway.
hmmm ?
Jim



To: RealMuLan who wrote (36670)1/23/1999 2:00:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 94695
 
"you cannot buy mutual fund on margin, but you can use the mutual fund in your account as collectible to buy another marginable stock."

I'm sure you can use your cash buying power to buy mutual funds at the very least. I. e., if I have $100,000 of IBM, I could borrow $50k to buy anything I liked.

Barb


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