Guys, currently I have an $80k Margin Loan with NAB which I can buy stocks with.
My question is though, can you use a Margin Loan instead of buying stocks buy either the USD or EUD instead?
I'm really thinking of buying a whole heap of USD or EUD when and if we hit parity with the USD as I think our currency is way overvalued in my opinion long term. So what I would to do is borrow to buy heavily into one of those other currencies and also if it can be stored at the bank or whatever?
