You may think that your online stock brokerage is a wonderful, convenient place from which to get a margin loan.
You’re right. It is convenient. But did you know you are almost certainly getting far less cash and paying out a very large amount in interest? On top of that, your brokerage will bring the ‘axe down’ and issue an immediate, discussion margin call the minute your portfolio falls in any major way.
All your risk is on your one stock, with a normal margin loan. If that stock falls, sorry, you’re out of luck. You’ve got less in cash, you’ve already paid out a lot in interest, and now you’d better come up with the difference instantly, or your brokerage will start selling your stock whether you like it or not. It’s called a margin call, and nobody wants one.
We’re not brokers, but rather referral agents. We don’t receive a single penny from any lender, ever. However, we do send a large number of referrals to our carefully selected stock loan partners, and as a result, our stock loans and credit lines save our clients over $20,000 on the average stock portfolio deal, while providing you with up to 30-40% more cash, depending on the quality of your stock portfolio.
Check us out. You’ll be glad you did. We’re small… but very good at what we do!