Hypothetical exercise.
$4M assets fully invested
$2M margin available, no current margin balance
Current cash in brokerage account $164K
GOAL: Make $500K over the next couple of months through market timing or some other stupid, risky endeavor.
Current ideas...
Buy a big ass put or call option...really stupid and risky
Use $1M margin to buy ETFC (etrade)....stupid because they've already run up and its risky
More stupid ideas please
$4M assets fully invested
$2M margin available, no current margin balance
Current cash in brokerage account $164K
GOAL: Make $500K over the next couple of months through market timing or some other stupid, risky endeavor.
Current ideas...
Buy a big ass put or call option...really stupid and risky
Use $1M margin to buy ETFC (etrade)....stupid because they've already run up and its risky
More stupid ideas please