Hi, Brenton.

BV> FM> Macquarie are offering an arrangement whereby they lend you a min of
BV> FM> $100k to buy shares. You pay what looks like ~16% interest but this is
BV> FM> reduced by a) the fully-franked div on the shares (they use NAB as an
BV> FM> example {at} 7.7% yield) and b) the tax concession on the investment. In
BV> FM> their example you end up paying ~$2.8k p.a. If the shares go up, you
BV> get
BV> FM> the benefit. If the shares go down they take the shares as *full*
BV> FM> repayment for the loan. If you have more than 1 stock and some go up
BV> and
BV> FM> some go down, you get the benefit of the one(s) that go up and they
BV> take
BV> FM> the one(s) that go down. ie, you don't have to offset.
BV> FM> I phoned them today and they're sending me more info. I'll let you know
BV> FM> when I know more.

BV> cc: Brenton Vettoretti - Ta.

Uh, oh. That *wasn't* a cc to you when I sent it. Shit! What was the
message I really wanted you to have a copy of?

Regards, FIM.

 * * So Many Messages!.............So Little Time!
@EOT:

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