At that rate, even if I had $100,000 worth of Paramount, I’d be making roughly 77 cents a day, or $23 a month. So… basically I was making 10 cents a day lending out my $13,000 of Paramount shares. Here are my real-world stats on Paramount:Īctual income: $1.91 (only borrowed for 19 days) (Although, Berkshire does own 10% or so of Paramount…) Paramount is more of a value/cheap P/E and/or dividend play.

You don’t really see a lot of people shorting Berkshire Hathaway. This mostly makes sense in retrospect, as I tend to buy larger, high-quality companies when they are temporarily out of fashion. Out of all my stock holdings, the only one to garner any lending interest was Paramount. Still, over $400 a month of extra income from a $100,000 balance? I have a six-figure taxable Fidelity account, so I figured I was leaving money on the table! Let’s go! In December 2021, Fidelity was showing this as an example scenario:Īs of March 2023, the example scenario on the official Fidelity page shows a significantly lower income rate: I previously wrote about earning some extra income via Fully Paid Lending Programs in general, including that from Fidelity. I had been getting a lot of transaction notifications where all my shares of Paramount (PARA) were being lend out to somebody (most likely to short it).Įxpectation. Reality” meme when I looked at my monthly report from my Fidelity Investments securities lending activities, where I lend out my stock shares and get paid interest. I just experienced my own version of the “Expectation vs.

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