A Random Person’s Random Investments

October 28, 2008

annoyed by volatility – selling down to reduce margin loan

Filed under: General — arandomperson @ 9:49 pm

Well since I got the house the share market has been on a crazy ride, mostly downward. Though I would be happy to go along for the ride, buying for the long term rather than the current market value, having the margin loan forces me to keep an eye on this so I’m selling down to minimise (or eliminate) my LVR so I can focus on a slow but sure periodic purchases of index funds rather via dollar cost averaging rather than having to keep an eye on my LVR.

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