Is Margin Interest Tax Deductible? The world of investing is vast, exciting and often expensive for individual traders. Occasionally, you’ll encounter an investment opportunity you don’t want to pass up but can’t quite afford. Fortunately, you can borrow the funds necessary from your broker to acquire the asset and pay margin interest for the loan. […]
(Bloomberg) — UBS Group AG triggered margin calls on some wealth management clients that use Russian bonds as collateral for their portfolios after marking down the value of debt issued by the country and its corporations. The Swiss wealth manager is calling on some investors to add either cash or securities to their portfolio after […]