08-31-2015, 06:12 PM
(08-31-2015, 05:20 PM)Rasec Wrote: I wasn't aware of margin accounts, I just checked and Vanguard does offer that option. I need to investigate further. Thanks for the tip!
If you use Vanguard, you can simply link an account (checking or savings) and transfer the money to Vanguard. When I transfer money, before I can click back to "Balances and Holdings" in my Brokerage account, the money is available to use for trading. You will have to wait a few days if you want to withdraw it.
Margin Accounts must be popular. A lot of people go broke using them.