mwanahisa wrote:@VVS. I like your idea of leverage. I admit it is risky but there are times when you have a compelling investment case. However, most banks insist on freezing your shares if you use them as collateral. This reduces flexibility big time.
Do you or does anyone else here know of any bank that has a more flexible arrangement?
Yes, but I negotiated the 'flexibility' thanks to a very cooperative & understanding Relationship Manager... Now promoted to Branch Manager...
If you get a rigid dunderhead then you are screwed...!
The Bank I has a great custodial department as well... They do charge me an annual fee + transaction fee...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett