Lets assume I understand the risk of trading on margin and that I can lose the money.
My question is if 6% is too high? I do have dividend paying stocks that could almost cover the monthly interest charged although I don't want to spend all my dividends on interest.
How do you feel about trading stocks on margin? Is there a certain percentage you like to spend on margin? Ex. 70% cash, and 30 % on margin?
Let me know.