I'm thinking of buying some BHP shares now for the longterm but I don't have the Cash.
Will a Bank give me a Personal Loan for say $40-$50k worth of BHP shares? I can offer my Car as security which is fully owned and worth $25k, I have Cash in Term Deposits worth $60k, I have Shares worth around $15k and I have quite a good steady income which I can afford repayments of around $1k per month easily?
Can you repay a Personal Loan early, like if I took it out and decided to sell my shares 1 month later, can I pay the Loan out?
Need advice, thanks!
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need some financial advice folks
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$40.94 |
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Mkt cap ! $207.6B |
Open | High | Low | Value | Volume |
$41.13 | $41.24 | $40.86 | $262.2M | 6.390M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16 | $40.93 |
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
---|---|---|
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2 | 6750 | 40.900 |
2 | 9158 | 40.870 |
2 | 543 | 40.860 |
3 | 82 | 40.850 |
Price($) | Vol. | No. |
---|---|---|
40.950 | 1333 | 1 |
40.960 | 14486 | 1 |
40.970 | 15000 | 1 |
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