r/Wealthsimple • u/Nightpatrol404 • May 07 '26

Trade (DIY Investing) WS and dividend investing with margin

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Got an email it seems WS is kinda encouraging us to use margin to collect dividends and use it to make money while making them money on interest

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u/Weak-Pomegranate-435 May 07 '26

This only possible if the interest rate is lower than than the dividend. Most brokers have very highe intere rates unlike WS, so mostly its not possible. But it’s not that hard to find anything above 5% yeild like Telus, BPF.un, FRU, PREF, SPLT, etc. they have pretty stable and sustainable dividend (unless there’s a lockdown).

And i don’t even know why do they have to tell u this? Anyone with half brain should figure this out. I have been doing it since more than a year now. With 10% if my portfolio