Australia's largest stock trading and investment forum Australia's #1 stock forum

Margin Loan, page-11

First 11 Last

Share
Profile

Follow
kingpins

14,067 Posts.

4

08/06/16

10:19

Post #: 17980651
Share

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

Expand

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
Upvote

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

AXP

Tambourah chases gold veins and mineralisation extension with drilling

There are more pages in this discussion • 1 more message in this thread...

First 11 Last

SPONSORED BY