Ever heard of borrowing money against a wine collection? It’s a thing. Imagine your prized Burgundy bottles not just sitting pretty but working hard to secure you some cash while they age gracefully. Well, you don’t need a cellar full of rare vintages, your investment portfolio can be just as handy, minus the corkscrews.
With EasyCredit, you can borrow against shares in your portfolio and use that cash however you like - whether it’s for maxing out your TFSA, tidying up your debt, unexpected expenses, or grabbing opportunities you don’t want to miss.
Why it’s better than selling your assets
Selling your wine collection? Blasphemy. Selling your shares? Also, why would you? Borrowing against these assets means you get the best of both worlds: cash in hand and the chance for your investments to keep growing.
EasyCredit - How it works:
- Borrow up to R300,000 at prime + 3% per annum based on your portfolio value and constituents.
- Only pay a 1% initiation fee to get started.
- Repay over 12 months, with interest deducted monthly from your account’s free cash.
Best of all? Checking what you qualify for is obligation-free and won’t mess with your credit score. Easy peasy.
Make your investments work for you
Whether it’s a vintage Bordeaux or a portfolio packed with blue-chip shares, your assets have untapped potential. It’s time to unleash it. Borrowing against your investments is like letting them clock in some overtime while you focus on your goals. So, are you ready to put your portfolio to work?
Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.