You’ve probably heard of margin loans, but do you know about investment lines of credit (ICLs)? Like margin loans, ICLs are backed by the assets in your portfolio but are used for non-securities investmentsmeaning you can’t use them to buy stocks and bonds. In my experience, ICLs also tend to be cheaper and offer higher loans relative to account value.
See Also: Kiplinger’s Interest Rate Outlook
If you’ve been looking at mortgages, home equity lines of credit, or business financing, you should take a look. Depending on your personal financial situation, ICLs can offer substantial loans at amazing rates.
What’s an ICL?
Let me give you an example. I recently had a client who was looking for a line of credit for his business, which he owns with a partner. With an ICL he was able to successfully leverage one of his personal accounts to facilitate the processand the rate was substantially lower than other conventional loans he was considering.
Hot Value Stocks To Buy For 2018: Navigant Consulting, Inc.(NCI)
Advisors’ Opinion:
- [By Lisa Levin]
Shares of Navigant Consulting, Inc. (NYSE: NCI) were down 14 percent to $17.02 after the company posted downbeat quarterly results.
Hertz Global Holdings, Inc (NYSE: HTZ) was down, falling around 18 percent to $14.24. Barclays downgraded Hertz from Equal-Weight to Underweight.
Hot Value Stocks To Buy For 2018: HubSpot, Inc.(HUBS)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
Cramer was bearish on Ferrellgas Partners (FGP) , Realty Income (O) , Synergy Pharmaceuticals (SGYP) , Avis Budget Group (CAR) and HubSpot (HUBS) .
- [By Danny Vena]
There’s another area being driven by AI that may surprise you. The next time you text your bank, cellphone service provider, or retailer, the agent you’re dealing with might be a chatbot. This form of conversational AI is being more widely adopted to perform simple customer service tasks. According to research conducted by marketing technology vendor HubSpot, Inc. (NYSE:HUBS), of 1,426 respondents worldwide, 74% had used voice search in the prior month, and 63% of people using services based on AI technology didn’t even know it.
Hot Value Stocks To Buy For 2018: Molex Incorporated(MOLX)
Advisors’ Opinion:
- [By Shauna O’Brien]
Shares of electronic connector maker Molex Incorporated (MOLX) skyrocketed on Monday morning after reports that the company will be acquired by Koch Industries.
Koch Industries has agreed to acquire Molex for a total of $7.2 billion. This deal will include all outstanding shares of the company’s Common Stock, Class A Common Stock and Class B Common Stock for $38.50 per share.
The deal has been approved by the board of directors of both companies. Molex will continue to maintain its current management team and its current headquarters in Lisle, IL.
Molex shares were up $9.15, or 31.17%, during Monday morning trading. The stock is up 41% YTD.
