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janne
In february this year i bought some CFDs of Newgold and Billiton, GLD/BIL. By some mistake i got the ordinary shares of BIL instead of BILcfd. After 8 months I sold both last week. Both increased by about 11 pc. with profit of about 2500.- from each post. However, after interest and charges I only got 1350.- from GLD but 2150.- from Billiton. Sometime a mistakes are good for you!

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18-10-2012 11:52 AM

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14 REPLIES 14

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19-10-2012 09:16 AM

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19-10-2012 09:22 AM

Not a fan of Cfd,still trade SSF. Financing at JIBAR+2% is still cheaper than prime rate.

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19-10-2012 10:15 AM

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19-10-2012 10:32 AM

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19-10-2012 11:33 AM

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Not applicable

19-10-2012 12:04 PM

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Super Contributor

19-10-2012 01:03 PM

so if held for a week you'll only see the 1.5% cost, as you can see from above as time goes by the 2nd half of the formulae starts to make a signifcant difference.

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19-10-2012 02:24 PM

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19-10-2012 03:08 PM

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19-10-2012 04:12 PM

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