Now is the Time to Get a Margin Loan

[Garpal Gumnut]

I have decided to re-enter this limpet market.

But not quite yet.

I have negotiated quite an attractive Margin Loan agreement with a major bank, and await Armageddon.

If you are in to leverage, it is important to get the lender onside, before interest rates skyrocket, and stock prices plummet.

Go for it mesdames et messieurs.

gg

 

[robusta]

I have decided to re-enter this limpet market.

But not quite yet.

I have negotiated quite an attractive Margin Loan agreement with a major bank, and await Armageddon.

If you are in to leverage, it is important to get the lender onside, before interest rates skyrocket, and stock prices plummet.

Go for it mesdames et messieurs.

gg

You mean get it approved now in order to activate in the next major correction / crash?

Do they honour current interest rates in the future?

 

[robusta]

I am considering getting a line of credit on my mortgage only the be drawn on when the "Chinese Miracle Economy" catches a cold.

A margin loan on top of this is a consideration but I think I would need to see GFC MK2 to get that greedy.

 

[Garpal Gumnut]

You mean get it approved now in order to activate in the next major correction / crash?

Do they honour current interest rates in the future?

You can choose the length of the loan, depending on prevailing sentiment a longer period may be cheaper than a shorter.

Mine has been in place for 3 weeks , so I cannot comment on today's rates.

I am considering getting a line of credit on my mortgage only the be drawn on when the "Chinese Miracle Economy" catches a cold.

A margin loan on top of this is a consideration but I think I would need to see GFC MK2 to get that greedy.

Never put the hoochie on the line, always nice to sleep well at night.

gg

 

[Sean K]

Never put the hoochie on the line, always nice to sleep well at night.

gg

Yes, that piece of plastic should never be held to ransom easily.

 

[tothemax6]

I never really understood margin loans. Is it not just a line of credit, like a credit-card provides? So wouldn't you just open the margin loaning account, ready for the China crash?
If there is a crash, the first thing the central bank will do is slash rates - this is their default response. So would you not secure a variable-rate margin loan instead of a fixed-rate one?
Also, would the issue not be that if there is a crash, the bank will freeze new credit, whether you already had a margin loaning account or not?

Cheers

 

[Garpal Gumnut]

I never really understood margin loans. Is it not just a line of credit, like a credit-card provides? So wouldn't you just open the margin loaning account, ready for the China crash?
If there is a crash, the first thing the central bank will do is slash rates - this is their default response. So would you not secure a variable-rate margin loan instead of a fixed-rate one?
Also, would the issue not be that if there is a crash, the bank will freeze new credit, whether you already had a margin loaning account or not?

Cheers

Ah so.

Depends.

gg

 

[Liar's Poker]

Yep - I have had mine in play for the last 5 months.

Mind you, it is at a very conservative ratio and will remain so for the next 4 months before my time frees up enough to monitor it more frequently.

-Liar-

 

[Garpal Gumnut]

Yep - I have had mine in play for the last 5 months.

Mind you, it is at a very conservative ratio and will remain so for the next 4 months before my time frees up enough to monitor it more frequently.

-Liar-

Agree, best be conservative, unless the charts say otherwise.

Many noice tiddlers out there, but if everything goes aresup, they will go first.

gg

 

[Sugar Dunkaton]

So how is everyones Margin Loans going?

its been a choppy twelve months with no real gains cant seem to break that 5000 level - does anyone short with their margin loan?

 

[poverty]

So how is everyones Margin Loans going?

I'm in buffertown

 

[Garpal Gumnut]

It probably is the time to take out a margin loan, if you haven't done so already.

gg

 

[alexc2005]

It probably is the time to take out a margin loan, if you haven't done so already.

gg

Far too busy losing my own money to lose borrowed money also

 

[bellenuit]

It probably is the time to take out a margin loan, if you haven't done so already.

gg

Mailed my application in last night.

 

[Junior]

It probably is the time to take out a margin loan, if you haven't done so already.

gg

GG, did you pin your ears back at 1pm and buy furiously? Nice 5% gain already. Bigger gain with leverage.

 

[Garpal Gumnut]

GG, did you pin your ears back at 1pm and buy furiously? Nice 5% gain already. Bigger gain with leverage.

Whenever I divulge buys on ASF they tank.

I spent some of the afternoon with the fire brigade trying to get a broker down out of a tree.

gg

 

[majorca]

Whenever I divulge buys on ASF they tank.

I spent some of the afternoon with the fire brigade trying to get a broker down out of a tree.

gg

I would have assumed the best way to do that would be with a rifle?

 

[Tyler Durden]

If I had taken out a margin loan in March this year I wouldn't have much of an appetite right now...

 

[AlexP]

If I had taken out a margin loan in March this year I wouldn't have much of an appetite right now...

Can you explain me how margin loan works and is it beneficiary for everyone? How much one can gain from it? I am thinking of it.

 

[nomore4s]

I would have assumed the best way to do that would be with a rifle?

hahaha, that's gold