CFD Experiment – Dividends Credited and Cost of Financing
By A Path to Forever Financial Freedom (3Fs)  •  November 13, 2018
Following my experiment using CFD account to purchase shares which I blogged here a few months ago, I have finally received my first dividend payout credited to my account.

Although rather straightforward, but they operate somewhat a little differently from holding a normal ordinary shares account hence I wanted to document this for future users.

For those who've read my past articles, you would have known that I have opened up an account with Cityindex and have tried to experiment leveraging through a series of different level financing.

Being conservative since this is my first few encounters with leveraging instrument, I have only leveraged up to 1x which means for whatever position I have opened, I have half purchased it using cash and the other half using borrowing.

The cost of financing is estimated to be at about 3.2% per annum, though computed daily.

I currently hold open positions ...
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By A Path to Forever Financial Freedom (3Fs)
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