Thursday, April 26, 2007

Money Arrives

The money arrived in my HSBC savings account today, even though 25 April is a public holiday in Australia (ANZAC Day). HSBC charge another $US25 fee. So I paid 1.4% in total for the transfer. I could get the percentage cost down for the next transfer if I borrowed some money on my Aussie margin loan to bring it up to the maximum $A10k allowed per transfer or waited longer for $A10k to accumulate in cash in my money market account (CMT in Aus-speak). I didn't trade today due to a bunch of awkwardly timed meetings, but it would've been a great trading day....

No comments: