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leveraged investing

  1. Leveraged Funds-Manulife

    Investing
    I was recommended by my banker to 'Prometheus Private Advisory Group' in Vancouver.. I met the advisor and decided to sign up for a $200,000 Manulife leveraged fund back in July. I pay the $750 interest monthly. So far its only been over 200k once and now is valued at $195k. I am supposed to...
  2. cashing out gains on leveraged investment - how to calculate amount to pay down LOC

    Taxation
    Scenario: Let's say on January 1, 2010, I borrowed from a line of credit $8,000 and invested in 800 shares of a stock at $10/share. Since that time, a deduction was claimed on the interest payments associated with the revolving balance of the LOC. The LOC of credit was used to fund other...
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