Hello experienced investing folks, I recently came across "Fully Paid Lending Program" by Fidelity.(https://www.fidelity.com/trading/fully-paid-lending). Apparently Etrade and others have similar program. I am planning to lend few amazon stocks(which I don't intend to sell in few years) to this program and earn lending income through the program. Anyone has experience doing this? Any suggestions/pitfalls to look out for ? TC: 200k
You're probably not allowed to lend your stocks by your employer. Amazon stock is also probably very cheap to borrow (heavily traded) so your rate is not very high. But if your employer allows it then go for it
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