thefinancialanalyst
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Hi all,
Im new to investing and have a barclays stockbrokers account. I had put in £3000 but having sold the shares I had, the "available to invest" was about £5500. Can anybody explain how this works? Am I able to invest this amount even if I don't have that amount of cash in my account? If so, how does it work in terms of paying it back? Can I keep it as long as I need to? Do I pay an interest charge?
I hope someone can help as I am really confused!![Crying :cry: :cry:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Thanks in advance.
Im new to investing and have a barclays stockbrokers account. I had put in £3000 but having sold the shares I had, the "available to invest" was about £5500. Can anybody explain how this works? Am I able to invest this amount even if I don't have that amount of cash in my account? If so, how does it work in terms of paying it back? Can I keep it as long as I need to? Do I pay an interest charge?
I hope someone can help as I am really confused!
Thanks in advance.