Is Margin Lending still a safe bet?

I read a great article in the IFA – Magazine for Independant Financial Advisors – Has Margin Lending Gone too Far?

The article discusses how margin lending works and the pros and cons of it as a true wealth building strategy. At this point in time, with the economy and shares in recession, it’s probably not a great idea to add margin lending to your financial portfolio, however there are benefits of it if it is handled properly and monitoring closely by yourself and your financial advisors. This article gives varied opinions from financial advisors on the risks of margin lending, including interviews with Suncorp and the Professional Investment Services directors. 

Take a look at this article before you totally throw away the idea of margin lending after the Storm Financial fiasco. But ensure you recieve advise from a totally trustworthy source and you are aware of the risks it involves.

You can find this article in the March 02-08 / 2009 issue, or if you are a member of IFA you can access it online at www.ifa.com.au

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Published in: on April 22, 2009 at 9:37 am  Leave a Comment  

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