Most lenders have a LVR/MV of 75% with a buffer of 5%.
I've found that I was only geared 65% a few weeks ago,but with this rout was close to 75% as all stocks are sold off, although I hold mostly large companies. To avoid a margin call, I've sold quite a lot of stocks. I think that you need an emergency cash fund as selling stocks does not seem to reduce this ratio. And I can't buy the cheap bargains as they appear as I don't have enough cash reserves.
Lesson learnt from this is to gear 50%-55% max, with a cash fund. Also the options (put) market seem to be very illiquid.
Most lenders have a LVR/MV of 75% with a buffer of 5%.I've found...
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