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I'm doing what the parent comment suggested. The line of credit should be margin - you borrow against your stocks. If you use Fidelity, you can call them and as
by landa 4y ago
I'm doing what the parent comment suggested. The line of credit should be margin - you borrow against your stocks. If you use Fidelity, you can call them and ask them to lower your interest rate, and it can actually get really low.
- hackerfromthefu 4y agoSo if the stocks really crash your LOC is eviscerated when you most need it.
- matanshavit 4y agoIt does sound risky but that might be my best chance at this point, thank you. I'll see what kind of of rate I can get.