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In order to establish this mutual fund equity line of credit, investors transfer their portfolio to Presidential Bank's trust department, where it is held at no ...
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Relating to the "Credit Report's" use for the Mutual Fund line of credit product, it will be used only to verify the validity of borrower's personal ...
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The Value Line Mutual Fund Survey. 1) How does Value Line compute mutual fund ranks? ... axis is divided into four groups based on the weighted-average credit rating of each fund's bond ...
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Is there any situation to take credit to invest in mutual funds?
My fiance wants to take advantage of a low priced mutual funds right now but we don’t have the cash to pay for it unless we use LOC or credit card.
The LOC is roughly around 9% and is already up to around 10K.
I’m hesitant since we have a wedding to pay for.
Would it benefit us to purchase now or wait until we have tangible money to invest?
mike h 7:57 am on February 8, 2010 Permalink
I would buy stocks instead.. it is risker , but at the current prices, it is worth it.
( I did that a month ago, borrowed money from my Credit card . when the market first went down) and sold when the market when a bit up because of the stimulus plan. and made 40% return. and paid back my Credit card and kept the profit to pay more of my debt.
Max Power 7:57 am on February 8, 2010 Permalink
No, I would not. Too risky to use borrowed funds to invest.
home loans – Avoid These Mistakes When Flipping A Home 9:30 pm on February 10, 2010 Permalink
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