Using a home loan to purchase stock

divs4ever said:

( relative ) certainty of income is important with this stuff . i personally would hate to be under pressure trying to generate trading profits to service the loan ,.... but it you were a big earner with a decent income that might work for you

Click to expand...

Good evening divs4ever,
Pressure keeps the blood flowing ha ha ha ha

What helps to make it work - top shelf two prizes:
Confidence; and
Fast trading.

Have a very nice evening

Kind regards
rcw1

fast trading is not my destiny , in fact the ISP can't even keep the customer data safe , let alone keep promises on broadband speeds/reliability

cheers

likely plenty of fun tomorrow ( sarcasm )

divs4ever said:

fast trading is not my destiny , in fact the ISP can't even keep the customer data safe , let alone keep promises on broadband speeds/reliability

cheers

likely plenty of fun tomorrow ( sarcasm )

Click to expand...

try it after drinking 1/2 bottle 26 oz rum.... its amazing what the chart looks like ha ha ha ha ha

Tomorrow waiting for a couple of orders to go through upon opening ...


Kind regards
rcw1

rcw1 said:

try it after drinking 1/2 bottle 26 oz rum.... its amazing what the chart looks like ha ha ha ha ha

Tomorrow waiting for a couple of orders to go through upon opening ...


Kind regards
rcw1

Click to expand...

last time i tried it took Iress minutes to try to load , even live data at Bell Direct has it's glitches

good luck

People don’t understand the power of leverage when buying property.
it’s a very good investment.

in very basic terms for illustration only.

Say you have $200k and get 80% so you buy a property for $1 mill.
in 5 years it increases in value let’s say a modest 20%.
property now Increased $200k and 100% on your original investment.

In many cases if you have multiple properties you just use the equity.
overtime the return is outstanding on initial investment.

Now buying good businesses either full or part equity is another topic
but real wealth lies in these 2 areas.
way easier and more reliable in MY opinion than trading.

Personally I love the challenge of trading
can make a dollar but it’s not been MY road to financial freedom.

Just sayin.