re: hdr margin loans -hardmano Do you have 'tax free' savings accounts in Australia?
We have what is called an 'ISA'. We are allowed to put £7,000 each year into it and all profits are tax free. Hardman, luckily for us! comes within a designated investment because it is on the main Aussie index. Normally AIM stocks are not allowed.
Just imagine £50,000 (eventually)) profit completely tax free...... I do :)
Well, ya never know matey's?