Buy SPY by Aug 9, 2026.

I throw $650 a month from my salary into SPY. I figured this is a great strategy and over the long run, it's worked fine. However, the siren song of margin is calling to me... It seems like I can take around a $150k loan for around the same $650 a month ( $620 @ 4.96% rate). The payment would only be going towards interest but still, the principal would remain in the account invested in SPY. If the _*LTV …