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kingpins

14,067 Posts.

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08/06/16

10:19

Post #: 17980651
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Originally posted by jasonvip1 ↑

That's what I was planning on applying for with CBA. They offered a special margin loan for 5.5% interest and when I was reading it it says you can use it for anything so I really only do day trading / overnight holds so I thought I could have that faculty just in case I wanted to hold for longer and it'd take the amount out from there.

Maybe I'll give them a call and see if I have the same

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It also means that you don't have to have lazy money sitting in an account (although money doesn't earn much interest it is better than nothing) for when you MAY want it.

Last edited by kingpins: 08/06/16
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