Most clients know about Airbnb, which lets you make money from an apartment when you’re not using it. Did you know something very similar can be done with your stock portfolio?
TradeStation’s fully paid stock program lets investors receive income without lifting a finger. They only need to have $75,000 of liquid net worth or five years of trading experience to apply.
Once you’re approved for and enrolled in the program, TradeStation may out lend securities from your account based on market demand. We’ll then share half the interest income generated. You still have the right to sell the stock at any time.
What do you give up in return for the payment? One thing is you cannot exercise voting rights for company board members. There may also be less advantageous tax treatment of dividends in certain circumstances.
The market always has buyers and sellers, as traders know. But there’s also a world of borrowing and lending stocks with the potential for profit. TradeStation’s fully paid stock program can let you benefit from these transactions. And you don’t even need to let a stranger into your home.