Interesting shares: financial services companies.
Well the main reason I am looking at these is because since I started dabbling in this investment stuff (and in the case of Bendigo Bank, well before) I have been using the products and services of these companies.. so given the superannuation driven “forced” investment environment in Australia I have a hunch they will continue to do OK regardless.
ETRADE : summary : St George gearing ratio 50%
Australian Stock Exchange : summary : St George gearing ratio 70%
Wether people are going mad buying or selling, these guys will always get a cut.
Hunter Hall International Limited : summary : St George gearing ratio 45%
The company that runs the managed funds, super funds and ETFs of the same name.. as I own chunks of all of them this would be kind of kicking back some of the fees to myself I guess?
Australian Ethical Investment Limited : summary : not on the St George list of shares available for gearing.
With HHL at 45% and these guys not even listed seems the banks consider investment firms a bit of a risk.
Bendigo Bank Limited: summary : St George gearing ratio 70%
St. George Bank Limited: summary : St George gearing ratio 75%
Use a St George margin loan to buy St George shares so the dividends help pay the interest that go back to the dividends.. very underpants gnomes I say.