The reason I asked the question is simply to question if using credit cards is the fastest way to go...Exist strategy will be the funds that will come on board to clear this...I just want to be able to take advantage of some very "reasonable" stocks now rather than in 6 months when these funds turn up for purchasing..I just do not want to regret missing this I believe opportunity because due to lack of immediate funds...
The way I see it...a close friend has decided to take out a Commsec protected portfilo loan for 5 years at an average rate of 14.50%.....They seem to be the rage with opportunistic future profit return over a 5 year period...What is the difference using a credit card at that rate? if the same realisation of the 5 year opportunity is included..My repayments will be lower due to no time frame and at least profit or loss I will own the shares outright...
