This is my first post. Great site - lots of good info!
After a few years on the sideline im looking at getting back into the share market with (for the first time) a margin loan. I'm looking for some feedback on my stratagy:
My investment 200k
Margin loan 300k
500k to be split evenly between 10 shares (which will be various blue chip shares all having LVR's of 75% with CommSec)
My LVR would be 60% - pretty conservative i think.
I will have cash available to service loan if the market goes south.
And am planning on using dividents to offset some of the interest on the loan.
Any suggestions to my stratagy?