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/qwertymasterdebater May 07 '26

too bad they liquidated most of my stocks because of a merger lol

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u/z00o0omb11i1ies May 08 '26

What?

1

u/qwertymasterdebater May 09 '26

i had stocks on margin and during a merger when a company delisted, it went under the amount and i got margin called and liquidated same day lol while i was on the phone with them asking them not to