Margin Loans my first margain loan

Discussion in 'Sharemarket Investing Platforms, Tools & Services' started by dane__, 25th Jan, 2009.

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  1. dane__

    dane__ New Member

    Joined:
    1st Jul, 2015
    Posts:
    3
    i am considering taking out a margain loan of $20,000 and splitting it even between WOW and WBC. my goal is one day to provide income off these stocks, do you think these are the right stocks?
    also i have an existing portfolio worth just over $5000 i can borrow against that cant i, though commsec? if i add 2,000 am i correct here in saying all this? :confused:


    thanks heaps again, Dane
     
    dane__, 25th Jan, 2009
    #1