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
Nothing wrong with margin loans as long as you aren't greedy and...
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Last
$40.50 |
Change
0.220(0.55%) |
Mkt cap ! $3.334B | |||
| Open | High | Low | Value | Volume |
| $40.59 | $41.36 | $40.44 | $2.759M | 67.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 905 | $40.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.71 | 270 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ARB (ASX) Chart |