Has anyone tried the securities lending program with your brokerage? If yes, what are the downsides? #personalfinance #investments Edit: what are the downsides of lending not borrowing? TC: 250k YOE: 13
Since all of you are rich and millionaires, do any of you use these services and live off paying interest only and load your cash comp to keep the gap between the loan and portfolio in the event of a downturn? Seems like you can get away without paying for anything forever unless there’s a flash cra...Read more
Ally lets you lend the stocks in your account for some small profit. Stocks are not locked and you can sell the stocks anytime you want. Anyone using this product? Is there any downside?
Have anyone tried it? Is it a good idea? Any pros or cons people have experienced?#personalfinance #investments
Recommendations for security based line of credit lenders. #investments
Hi everyone, I’m exploring the concept of Securities-Based Lending (SBL) and would love to hear your thoughts or experiences with this strategy. For those unfamiliar, SBL involves using your stock portfolio as collateral to secure a loan. This allows you to access liquidity without selling your in...Read more
I think retail players who are lending the securities for a meager interest to brokers. Please revoke the lending so that your stocks will not be used by dealer to lend those stocks to short and force you to sell by retail for low price. Also not sure these ETF, pension funds, 401k funds, the fund m...Read more
Dear all, I am considering applying to these 2 roles, which involve working with high volume low latency trading system. The team will work closely with other APAC teams. My career goal is to work with high performant systems, using technology at lower layers. From the JDs, it seems like these r...Read more
Came across SecLending Trader opening at several banks/funds including state street. Looking to get some insights from folks who are already in that role like fun aspects about the role, pain points, incentive to stay in the role, expected base and total comp numbers at different levels etc. Is it c...Read more
I am looking for my mortgage refinancing option, since the rates have now dropped significantly. I am looking at 7/1 arm option but am confused which lender to go with. should I go with big lenders like boa wells fargo etc, or is it ok to seek out lenders like rocket mortgage and other to get the ch...Read more
Blog reads -- There is a risk that Robinhood Securities could default on its obligations to you under the Stock Lending Program and fail to return the securities it has borrowed. If Robinhood Securities defaults and is unable to return loaned securities, you will not be able to trade such securities...Read more
Just applied to a Security intern position there - can someone be kind enough to lend a referral? TC: $64/hr #palantir
I know we're not allowed to sell stock short or otherwise place trades against stock, but are we allowed to lend our shares to short sellers? Fidelity has a program like this, they'll pay you a small percent return if you make shares in your account available for their securities lending program.
Hi all, YOE : 1.5 yrs Got an SDE 1 offer from Amazon and Technical Analyst (basically its role of SDE, just a fancy term used by most banks) from Goldman Sachs. Amazon (Platform Development Team)- 15.5L fixed + 4.5L (1st year bonus) + 3.5 (2nd year bonus) + 10L stocks (in 4 years 5% + 15% + 40% +...Read more
First time buyer here. I just received a preapproval letter from the lender our agent recommended. Should I do something as simple as just taking this letter and sending it around to other lenders, asking if they can beat the rates? More specifically for people in Seattle area: do you have any rec...Read more
Hi, My friens has recently graduated from Masters. My friend has received a verbal offer from Goldman Sachs for Senior Analyst role. The team is Securities Lending group in SLC. Any idea abt the team, work culture? TC they are offering 85k base 20K bonus #goldmansachs #analyst #slc
I have about 750k spread across HSA, Securities and IRAs. Does anyone have experience getting a jumbo housing loan at a much lower rate , against these ? If so, can you please share lender details ?#housing #mortgage TC 300k
Has anyone here took a security based loan? (Loan using your stocks as collateral) I know there is margin lending but this is a little different. You can use the loan for anything except for buying securities (unlike margin). Looking to understand what rates you guys got.
My husband and I are looking for a private loan for 700k for a 5 year term. Both of us are w2 employed and our combined annual income is over 450k. Loan Purpose: Raise capital for personal investment (not stocks) Loan Security: Based on existing job. Unvested RSUs. Any suggestions how we can fin...Read more
My mortgage lender informed me that they had a security breach and everything they store about me was exposed: my name, my email, address, bank accounts I used for autopay, SSN, phone, DoB etc. All that they offer is 2 years of credit monitoring. I'm shocked and angry. I wonder what can I do aside f...Read more