Forum Archive Index - March 2004

["SJ.Greaves" <SJ.Greaves@xtra.co.nz>]

Most brokers have a list of what companies they will let you margin lend on. Most of the companies they will let you margin lend on are bigger/safer companies that are less likely to have any major gain in share price. So any gains you may make will more than likely be absorbed by the interest you pay for the money you lend. You end up taking the risk and the broker ends up taking the profit.

 If you are sure you have a good trading strategy get into some of the smaller volatile mining companies there should be more than one or two that will double in price again this year.