Some stocks have reached a new low.
Watch how I temporarily increase my net liquidation value(portfolio value if liquidated) with 3 months interest free DBS cashline to prevent a Margin Call due to sell puts.
*3 months free interest only via web application*
Stocks follow a wave and do go down all the time. Hopefully, this temporal increase for 3 months is able to help tide through.
Once you are in the clear, withdraw money and return to DBS cashline.
The advantage of IBKR is that you need not convert SGD to USD to increase your NLV. Concept can similarly be applied to Tiger brokers. (Please confirm below if there's a need to convert for Tiger brokers)
What's more, experience faster deposit into Tiger brokers with DDA set up with DBS account.
Video:
https://youtu.be/lnYGt0Orgl4
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