| Borrowing to Invest |
Just as borrowing allows you to buy an asset you may not otherwise be able to afford, using debt can also help you to buy investments with the potential to grow in value. This strategy, known as gearing, may help you build an investment portfolio faster than you otherwise could have. Income generated by your investments and possibly some tax deductions will help you repay the loan.There are a number of ways you can implement a gearing strategy including:
Of course, there are risks involved with any investment. The level of risk you are comfortable with will depend on many factors. Talk it over with an expert financial planner. Just ask at any BCU branch or call 1300 228 228 to find out how. |
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