Hi All, Great site, really enjoyed reading the articles here. I have a quick question on Margin Lending. I have about $45k in about 15 stocks and am looking at putting in other $10k or so of my money and then getting a margin loan for $50k so I'll be at 50%. So I'll get an equal amount of what I currently have with the margin loan. If I have 60 BHP, I'll get another 60 BHP, etc. My question is, I have some play money/spec stocks which I don't want to be linked to the margin loan/call conditions. When applying for the loan, do I list the shares I have and the ones I want to get and that is how the call is then calculated in the future? Also, is the margin call applied to each stock or to the portfolio as a whole? IE if BHP dropped the 33% required for a call, would I need a top up, or is it the entire folio that is the base for the call? Either was I should be safe, if it's per stock, $50k divided by 15 stocks means any call would be small, if it's the entire folio, it should also be safe with the law of averages. I just want to know going in. Thanks in advance for your help. PS. I come here to ask this seeminlgy basic questions, because most of the places offering a margin loan, don't actually seem to understand it. All the brochures seem to be based on starting a margin facilty from scratch, not with existing folio.