Dear RogerM
It is good you stimulated the debate. Financing charge by cfd companies are compounded. So I think simple interest calculation is not proper.
I might now complicate something more for Jonny. When I bought the msft shares, IB have only put aside margin for that and not charging me with the full amount. This leaves more money to invest as shown on my statement. I stand to be corrected on this.
It is good you stimulated the debate. Financing charge by cfd companies are compounded. So I think simple interest calculation is not proper.
I might now complicate something more for Jonny. When I bought the msft shares, IB have only put aside margin for that and not charging me with the full amount. This leaves more money to invest as shown on my statement. I stand to be corrected on this.