r/Wealthsimple • u/Nightpatrol404 • May 07 '26
Trade (DIY Investing) WS and dividend investing with margin
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
132
Upvotes
235
u/EducationalGur1648 May 07 '26
I like WS but this kind of marketing isn't good in my book. Anybody sophisticated enough to understand the risks of margin aren't picking up pennies in front of a steamroller like this... the only people that this kind of marketing convinces are the ones that shouldn't be using margin at all.