Hi All.
I’m new to investing (23M), contributed ~35K about two weeks ago to a brokerage account on vanguard. I plan on adding about $1200 weekly into the account and I plan on holding long term and don’t have any immediate need for the funds.
I was approved for a margin account that has a buying power of $26K. Is it a good idea to DCA further into my investments using the margin account, or is that not recommended due to the interest?
My current portfolio is:
VOO 30%
VTUS 12%
TSLA 10%
AMZN 8%
GOOGL 7%
SCHD 7%
QQQ 4%
MSFT 4%
CRWD 4%
AAPL 4%
SPY 3%
JPM 2%
AVUV 1%
PLTR 1%
DKNG 1%
SOFI 1%
CROX 1%
Leave a Reply