Nothing wrong with margin loans as long as you aren't greedy and you are along term investor. As if you only have leverage of 30-40% the shares have to drop a very long way before you have to worry. This is fine if you have a diversified portfolio. I had one during the GFC and was fine. But if I have the opportunity to refinance a house i would do that as you will pay a lower interest rate (at the moment i think you can get a margin loan at around 5% with Westpac). i have started to borrow again to buy shares. The tax benefits are good and many companies are paying nice dividends which can cover the interest payments. DYOR
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Nothing wrong with margin loans as long as you aren't greedy and...
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Last
$47.35 |
Change
0.180(0.38%) |
Mkt cap ! $3.898B |
Open | High | Low | Value | Volume |
$47.00 | $47.79 | $46.96 | $5.285M | 111.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 477 | $47.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$47.41 | 966 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 53 | 47.030 |
1 | 21 | 46.870 |
1 | 500 | 46.860 |
1 | 1000 | 46.330 |
1 | 200 | 45.280 |
Price($) | Vol. | No. |
---|---|---|
47.840 | 233 | 1 |
47.900 | 20 | 1 |
48.000 | 75 | 1 |
48.500 | 190 | 1 |
48.800 | 25 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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