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Margin loan information, CFD V Margin Loan, Best Margin Lender ?, Using Margin Effectively
LSM
post Posted: Apr 17 2008, 03:12 PM
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QUOTE (jjbrisbane @ Thursday 17/04/08 02:40pm)

JJ,

Leveraged Equities have a product to suit your needs, Maq Bank offer the product too...

I think about 75% of the interest + put is redeemable (because the put doesn't count) on your tax.

Its worked very well with me over the years with BHP.

Share Protection Plan

Regards
LSM

 
jjbrisbane
post Posted: Apr 17 2008, 02:40 PM
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Hi everyone, is there a product out there that allows you to take your existing direct share portfolio and put protection it to avoid margin calls? i want to take some of my current portfolio and my current margin loan and basically turn it into a term loan and not have to worry about margin calls?
thanks


 
EMD
post Posted: Jul 21 2007, 11:54 PM
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In reply to: vket1 on Monday 07/05/07 10:33pm

I have been with NAB Margin Lending for a couple of years now, but use a full service broker, not NAB online trading.

I must say it's been a fairly hassle free experience....most of the shares I have bought through the margin lending account have not been on their approved list, and I've even got them to issue cheques for capital raisings I've participated in for such companies. As long your loan balance is less than the value they ascribe to your holdings that are on their approved list (eg 75% of the market value of your holding in QBE Insurance), they're cool!

You can be active, inactive...it doesn't matter. The last time my margin loan account was in surplus, they actually paid me interest on the balance!

My only complaint is that their approved list is a bit restrictive....for example, AED Oil is a half billion dollar company now, but its not yet on their approved list. This matters to me because it restricts the amount I can put into other speculative situations. For people focused on building a blue chip portfolio, it won't make any difference.

However, I'm sure they would augue that by being a bit restrictive, I'm less to invest too much at the speculative end of the market, and thus might lessen my chances of being caught with a margin call if these speccies crash and burn (which the experts say is less likely to happen with blue chips). Obviously, spreading you risk across a number of companies helps as well.



 
Idyll128
post Posted: Jul 21 2007, 09:32 PM
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In reply to: Ratfink on Friday 20/07/07 06:51pm

Equity Margins has such a facillity (Merrill Lynch). I recall you may need to be asset rich to be approved for an international account.

 
ballcrusher
post Posted: Jul 20 2007, 07:19 PM
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I think BT has a product where they basically give you the cash to invest in anything you wish.



--------------------
Q: What's the difference between the collingwood footy club and an arsonist ?
A: The arsonist wouldn't waste 22 matches.
 
Ratfink
post Posted: Jul 20 2007, 06:51 PM
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Hi all,

Does anyone know of a Margin lender that will allow you to purchase shares both
in Australia and overseas form the one account?

Thanks in advance

 


balance
post Posted: May 29 2007, 08:59 PM
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In reply to: AJ_ on Tuesday 29/05/07 04:27pm

I think St George will allow covered writing given sufficient @%$3 covering.Thats St George not st george direct.Same name and company , different product.

Maybe the Mac bank product advertised here on SS too? Rate looks OK.
Have a squizz at infochoice link.
Plug in your figures and then chk out the features.

cheers,
b.



--------------------
Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader.
Investor: Salt of the Earth.Sits to the right of God (Warren Buffet)
Share prices are only ever manipulated down.
Paper losses are not really losses.
Chat site posters always know better & know more than anyone about anything.
I'm 29.
The cheque is in the mail.
 
wolverine
post Posted: May 29 2007, 08:30 PM
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In reply to: AJ_ on Tuesday 29/05/07 03:27pm

yep, SmithBarneyCitigroup and presumably other full service brokers would allow it with appropriate collateral.



--------------------
TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
AJ_
post Posted: May 29 2007, 03:27 PM
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Posts: 539


Hi,

Does anyone know if it is possible to write covered calls from a Margin Lending account of any sort ???

Etrade does not allow it (you cant trade options from a margin lending account)

Thanks,
AJ



--------------------
Looking for trading mentor. If you would like to mentor me please PM me :)
 
balance
post Posted: May 15 2007, 09:58 PM
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Its that time of year again.Time to weigh up the margin loan versus tax versus mkt outlook etc.

For comparisons see infochoice margin comparison.
Just enter your details and run the numbers.
There are 15 to choose from.
Anyone know of any others they dont have on the site?



--------------------
Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader.
Investor: Salt of the Earth.Sits to the right of God (Warren Buffet)
Share prices are only ever manipulated down.
Paper losses are not really losses.
Chat site posters always know better & know more than anyone about anything.
I'm 29.
The cheque is in the mail.
 
 


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