margin lending??.

  1. 3,144 Posts.
    Good thing or a bad thing.Have just received an email offering a discount on a margin loan...from a major bank.
    Do you have to be a whizz kid to use such a facility?.
    Is it prudent to borrow $30K by,say, buying banks or billiton or other blue-chips.
    I would really like to hear from users of thismethod of getting rich/poor.
 
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