Forum Archive Index - March 2004

["Allan Julian" <ajulian@xtra.co.nz>]

Its called margin trading, the bank needs to have the confidence that what ever happens they will not lose, and will ask you to fill out a form.

For the ANZ this can be downloaded off the internet.

They will also make clear to you the consequences of a margin call.

Trading on the margins can magnify your losses, and make any ganes well worth while.

It is not for the faint hearted.

I hope this helps.

Allan.

[Original Message-----
From: sharechat-owner@sharechat.co.nz [mailto:sharechat-owner@sharechat.co.nz]On Behalf Of Nairs
Sent: Tuesday, 2 March 2004 12:24 p.m.
To: sharechat@sharechat.co.nz
Subject: [sharechat] Share Loans

Hello everybody,

 

I have been reading all the topics on this forum and I must say it is quite informative.

What I am trying to find out is, if anybody knows much about taking a loan to buy shares, through the bank or any other source. And what process does it usually involve.

This will be  much appreciated.

 

Cheers