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Re: Easymoneyman00 post# 5192

Saturday, 08/12/2017 12:55:50 AM

Saturday, August 12, 2017 12:55:50 AM

Post# of 17405
That level of aggressive response really is unwarranted. I am just sharing information.

I really don't care if you believe me or not. I am just reporting what my experience has been. As a separate data point, BR reported that he could get 40% for lending SNAP shares at Fidelity. Most of the time rates paid are lower, but it is not uncommon to see periods where Schwab is paying 40-50% to borrow certain stocks. I have loaned out several securities at those rates over the last 6 months. That is at the high end, but it is common to see rates of 10-20% sustained over fairly long periods - in fact common enough that I generally don't bite for just 7%.

Whether you check it out with your broker or not is up to you. It does not impact my returns either way. It could, however, impact yours.

Check it out with your broker.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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