Coronovirus month - YTD now -28% Reduced mortgage and reduced margin debt Margin cost down to 1.5% in IBKR and 2.7$ in LOC's Excess liquidity around $600K in IBKR still have non-margin dry powder Minimal buying as need to wait till $700K loan repaid - expect by April-May 1st (lessen learnt about giving up dry powder!)
Initial deposit on new investment condo = $20K USD up 1.33 to 1.4
* new lending arrangement secured by 2nd mortgage of $700K on borrowers house starting Nov 1st Will be held as bond type asset yielding 6%/annum plus fees Will borrow from IBKR to facilitate loan (2.4% charge)
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