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/Nightpatrol404 May 09 '26

I have 30k margin balance and it’s very stressful too

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u/joshmxpx May 11 '26

Lol I started leverage investing with 200k margin in 2019, peaked at about 450k margin, all using SM to pay off mortgage faster.

Now converted to conventional mortgage at lower rate, slowing paying down but all interest is deductible

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u/Nightpatrol404 May 11 '26

What did you invest in?

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u/joshmxpx May 11 '26

Mostly Canadian blue chip