u/Appropriate-Mood-108

I currently have about $100k invested on Robinhood and I’m considering using another $100k on margin to slowly DCA into mega cap stocks like GOOGL, MSFT, AMZN, NVDA, AVGO, plus maybe smaller PLTR/RDDT positions. I understand margin interest is around 6% and that when I sell shares the borrowed amount gets automatically repaid. My question is whether using 2x leverage on strong mega cap companies is actually reasonable long term if I DCA weekly and avoid panic selling, or if this is the kind of strategy that eventually blows up during a correction. Curious how experienced margin investors think about risk management and allocation.

I have about $100k invested on Robinhood and ~$10k cash. I’m thinking about enabling margin and using maybe $20k–$30k margin to slowly DCA into mega caps like GOOGL, AMZN, NVDA, MSFT, plus smaller PLTR/RDDT positions. My understanding is that if I buy stock using margin and later sell, the borrowed amount is automatically repaid from the sale proceeds and I only pay interest while holding the position. Is using ~20–30% margin on a portfolio considered reasonable for long-term investing, and how would you structure DCA/risk management with margin?