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Margin accounts and diversified stock advice
A reader asks about margin buying and risks, noting a 30 percent cash requirement and interest. The columnist cautions seasoned investors only and explains potential losses and margin calls. The reply also rebalances a six year portfolio from S S Kresge Great Atlantic Woolworth to include Pendleton Tool NYSE with near 5 percent yield and growth potential.
MENTIONED IN THIS ARTICLE
S. S. Kresge
Great A & P
Woolworth
E. M
Kresge
Pendleton Tool
NYSE