margin/asset line loan for shares, a good idea?, page-2

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    Yes works well and easy to do. But gees not exactly the best time to be borrowing for shares I would have thought, especially if you are not already seriously into sharetrading/investing and know what you are doing.

    If you are going to do it then be conservative, don't spend all your available cash on shares, keep a large cash pool to take advantage of buying opportunities and be prepared to take profits early when available. Sorry but I am telling people I know who are not into shares ATM to just reduce debt, stay cashed up and paper trade. It is a tough enough market even for those who have been at it for ten years or more, never mind if you are just starting out. God forbid if you are also relying on advice from a broker!

    Sounds like you have been doing your homework in this area (borrowing etc).

    Good luck with your decision!
 
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