Originally Posted by
Baa_Baa
You started by saying "Good luck getting a loan from the bank to borrow money to buy shares, on the security of the shares themselves."
You don't acknowledge that you are incorrect. Instead you double down implying that margin lending has risks, of course it does, all borrowing does, and which are all fully disclosed in the public domain!
Then you say the margin lending rates are "double" mortgage lending rates. Incorrect, the margin lending rate from ASB is 9.35% which is not double most mortgage rates, and is considerably less than most personal loan interest rates, or business borrowing interest rates.