Right , no volume at all this whole week

Setting up for a top or epic short squeeze

Wife and I are still 100% fully invested.

Ready to shrug my shoulders to the impending drop.

Is this including Margin or not including

No margin anymore. Our net wealth increased over 500K so far this year off non-margin investments. I don't bother with the risk of margin anymore, were in a very fortunate position where its no longer needed. The snowball is rolling. Took years to exceed 1M, took no time to exceed 2M, combination though of earnings maturity and a market that cant seem to lose steam.

Granted this year has been an outlier.

Babies might ruin our dual income though!

This post was edited by SBD on Oct 17 2024 08:59am

Lol babies are a bomb to wealth but still worth it and you’re in a great spot!

That’s nice because then you can always use margin to invest on any dips despite being 100% in

What's your brokerages current margin lending rate?

I've considered moving over to IKBR for a while now.


Royal Circle Investment Account (Non-Registered)

If debit balance (margin) is: $CDNC D N [%] $USU S [%]
$100,000 and over 7.25 9.00
$50,000 to $99,999 7.75 9.50
$25,000 to $49,999 7.75 9.50
$0 to $24,999 8.00 9.75

While yes tax deductible, still pretty high rates for me to be using it.

This post was edited by SBD on Oct 17 2024 11:33am

Haven’t touched margin since covid let me check

Looks like a spread as well

Wells Fargo

0-25,000 10.1-11.7%

…
Lot in between

1,000,000-2,499,999 5.8%-6.1%

2,500,000> 5.6-5.9% I’m not here but this is max bracket

This post was edited by Bazi on Oct 17 2024 11:56am

I'd have to see some significant pullback from here. Or a sector that's over punished but its there. Crazy to think we're only a few weeks out. Time has flown the past few years.