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Borrowing as a way to fast-track wealth creation is a strategy extolled by various financial experts. Indeed, few of us would ever own our own homes without borrowing money, so borrowing to invest in assets such as shares should, in theory, be okay. After all, it takes a lot less money to buy shares than it does to purchase a home.
Ever heard your fellow office workers jabbering on about margin loans around the water cooler? Perhaps you’ve felt the urge to get in on the action yourself, and stop spending so much money on very-vanilla lattes? They’re tasty, yes, but they won’t help your bank balance and, despite what you may think at 3 o’clock in the afternoon, they’re not essential for your survival.
Alternative investments that don't cost a fortune
With interest rate rises driving mortgages further out of reach for first time buyers, what options are left? If you have a bit of spare cash and it’s not enough for a deposit on a home but it’s too much to leave gathering dust in a bank account, why not think about the stock market?
RateCity provides margin loan news and features, including a range of articles and industry updates. By keeping up to date with our margin loan news and features, you will find current, professional commentary on current margin loan issues to assist you in making the most informed decisions.
Search, compare and apply for the lowest rate margin loans to find the most affordable solutions in Australia. Compare lowest interest margin loans by interest rate and amount, as well as fixed and variable loans.
