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loan On Shares |
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Boom or bust, the market is going to stay and so are its investors. The way the markets have been going, people need more money to stay in the market. Whether to make average on their high purchase prices or to take profits and plough them back in the market, shares will always command a good interest in the market. Now thanks to numerous banks offering loans against pledging of shares the rage to invest in shares has only increased. With interest rates hovering in the range of 15% to 20%, punters of the ma So if you have the tip to bet your money on, but don't have the money, then opt for the loans that pay for your riches. CAVEAT: The banks have a period of reviewing their margins. As the market falls the margin rises and the pressure on you to come up with the goods/money to make good on your commitments or else you may as well forget your shares, as the banks will sell them to save themselves from any further losses.
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