Recent content by elpechos

And this is why I was interested in margin loans. Because I had a look at hospital covers and the downsides seemed to be A.) What they cover seems to change often C.) Money invested into private health can't be used for other emergencies, and only for a handful of treatments. D.) For...

Cheers, this is the answer I was looking for.

Most (all?) medical insurance I can find have limits far beneath what the surgeries realistically cost these days medibank extras for example only runs $2,000 of major dental a year, not enough for even 1 tooth and crown Medium levels of cover don't even cover replacements like Hip & knee...

I presently do not, no. I was just wondering how one would best manage such an event, selling capital or borrowing. And if the answer is borrow, how would one best borrow against shares as security for personal reasons.

Thought also occurs that selling to pay for a emergency would cause a capital gains event whilst borrowing would not.

www.smilessentials.com.au/typical_fees.php Example of how nasty the fees are these days; given extras only covers $2000 health insurance seems completely pointless.

I've got insurance but have noted it frequently covers sweet **** all, especially if it comes to dental. medicare blue ribbon extras only covers 2k of major dental for example. From what I've seen most extras don't cover much more. Looking at the fees schedule, looks like a couple root...

I'm not trading on margin nor was planning on doing so. I was looking for the best option to turn shares into money if there is an emergency that requires more liquidity than I have at the time. Say an emergency dental or surgery might cost 20 or 40,000 It seems silly to have this much...

Hello; I've been investing for a few years but I've never explored margin loans. I'm wondering if it's possible/sensible to use a margin loan facility just for emergencies? eg say I need dental or surgery work done that exceeds my emergency funds and rather than sell my shares could I...