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Securities Lending: Is it For You?
Manage episode 438884318 series 2910154
Contenuto fornito da Mike Morton, CFP®, RLP®, ChFC® and Mike Morton. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Mike Morton, CFP®, RLP®, ChFC® and Mike Morton o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Securities lending lets you lend your stocks or bonds to someone else and earn interest in return. It’s legit and has been around for a long time, with the borrower often using your securities to "short sell." You could make some nice passive income, like $800 a month, without doing much. Plus, you still own your stocks and can sell them whenever you want. But there are some catches—like losing the tax benefits of dividends, giving up voting rights, and the small risk that the borrower could default. You also lose SIPC insurance protection on lent securities. Overall, it can be a good way to make some extra money, but you need to weigh the risks and read the fine print before jumping in.
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