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Margin Loans macquarie prime margin loans

Discussion in 'Finance & Banking' started by vivianne, 11th Jun, 2007.

  1. vivianne

    vivianne Member

    Joined:
    27th May, 2007
    Posts:
    9
    Location:
    Wollongong
    Hi everyone,

    Wondering if anyone has been to the Sydney seminars and what they think of this new all in one product. Seems cheap to me at less than 8% prepaid.
    Whats the catch?, beside the risk factor. :confused: Are there other costs I have missed?

    And, once I lock in to this for say, a year, and pick a handful of bluechip stocks, I just sit on it for a year, then get out with the massive profits, or is that too short a timeframe?

    Just wondering what people typically do with these things - I am a first timer although fairly experienced share investor.

    What would you include if you were getting into this, in terms of picking stocks. What is it, btw, with you guys and navra??

    Cheers

    Viv
     
  2. Liverpool St

    Liverpool St Well-Known Member

    Joined:
    21st May, 2007
    Posts:
    96
    Location:
    Sydney
    Navra


    Wholesale Fund YTD^ return
    as at 7 Jun 2007 20.65%
    Last year return
    30 Jun 05-06 19.36%
     
  3. vivianne

    vivianne Member

    Joined:
    27th May, 2007
    Posts:
    9
    Location:
    Wollongong
    Hooley dooley! Now, if only that was a promise!
     
  4. Liverpool St

    Liverpool St Well-Known Member

    Joined:
    21st May, 2007
    Posts:
    96
    Location:
    Sydney
    Navra


    Not many of them do. Make an appointment go and see them.
     
  5. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW