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Message: Buying stocks on credit?

Buying stocks on credit?

posted on Oct 26, 2008 08:45AM

Like many I am out of powder, but in 4-5 months should have another $10,000 or so ready to go. With stock prices sitting so low now though, I am seriously considering buying some GG & TYHJF on credit to be paid off in 5 months.

Does anyone have any recommendations on the best way to do this? I do not want to pay more than say 2% interest.
I have a low interest credit card deal until April, but is there a broker that allows payment through a credit card? Is there a better approach?

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