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Borrowing Money From Your Stock Brokerage Firm, Is It A Good Idea?

Christopher Vernon discusses why borrowing money from your broker could be a horrible idea. Not only are you risking your investment but now a lot of Wall Street firms are motivating their advisors that investors should have some form of loan facility with their firm. So instead of liquidating some of your portfolios, you could have your portfolio used as collateral, which can have incredibly dramatic consequences.