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HelloI am looking at taking out a line of credit (home equity) to finance the purchase of shares. I have considered a margin loan, however most of my shares are international and I would like access to more funds to invest which a loc will offer me.Can anyone tell me the adv and disadv of using a loc to invest in shares? for eg is interest deductable?Many Thanks
Hello
I am looking at taking out a line of credit (home equity) to finance the purchase of shares. I have considered a margin loan, however most of my shares are international and I would like access to more funds to invest which a loc will offer me.
Can anyone tell me the adv and disadv of using a loc to invest in shares? for eg is interest deductable?
Many Thanks
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