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Hi Sue You calculate the margin loan backwards. Its not 40% of your capital but 40% of the final investment. Namely if you wanted to have a 40% margin then the calculation is 80k * 100/60 = 133k where 40% of 133 is 53K Thus 80k capital and 53k margin. Which is an investment with a 40%...

From memory. The only time they dip is when a bad loan book comes to the surface. NAB was the most recent back in 2001, just before 9/11 when their overseas investments were found to be suspect. They crashed before the 9/11 crash which crashed them even further. The only reason I remember...

One IPO that I should have participated in was the Cochlear float out of Dunlop Pacific, I think it was at $2 per share:(. The reason I didn't was that just my stuborness (I already held shares in the parent why should I have to pay again for part of my shareholding). Additionally, I had...

Great post Keith. Well done and it illustrates that buying the right assets at the right time (timing) is possibly more important then 'time in the market'. It takes guts to do what you have done so again congrats. Re Platinum - I applied for 28000 shares in 3 entities one of them as a unit...