Posts Tagged ‘Money Market Account’
April 7th, 2010 | 
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yeaaa asked:
Right now i have a normal money market account on E-Trade and i have to wait 3 days for my money to come back so I was thinking of getting a margin account. This is what it says for the rate “6.99% (3.00% above base rate)” Can someone explain this to me?
I usually buy about 20,000 worth of a stock at a time
And does the margin get repaid when the money from the last trade becomes settled?
online trading video
Right now i have a normal money market account on E-Trade and i have to wait 3 days for my money to come back so I was thinking of getting a margin account. This is what it says for the rate “6.99% (3.00% above base rate)” Can someone explain this to me?
I usually buy about 20,000 worth of a stock at a time
And does the margin get repaid when the money from the last trade becomes settled?
online trading video
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