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Bookmark and share the address of forexgreenland - Forex forum,Forex training, Forex signals, Forex mgt accts on your social bookmarking website
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get a loan for a stock trading account?
Forexgreenland - Forex forum,Forex training, Forex signals, Forex managed accounts :: Your first category :: Stock Trading Tips Forum :: Stocks, Treasury Bills , Bonds, Futures, etc
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get a loan for a stock trading account?
by RahimBhai Fri Dec 03, 2010 10:08 am
I would say..Don't Do It !!! By taking a loan, you are already down the interest you will have to pay back. And if the market goes flat and you take losses, then you will being paying back a loan for nothing. Never invest on a loan.
I know you don't want to hear that, but it makes no finacial sense at all. Get a second job and invest your earnings. If you have a 401 K plan at work and it matches your contributions, use that first (that's a 100% return right there) there are plenty of ways to do this without taking a loan.
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I know you don't want to hear that, but it makes no finacial sense at all. Get a second job and invest your earnings. If you have a 401 K plan at work and it matches your contributions, use that first (that's a 100% return right there) there are plenty of ways to do this without taking a loan.
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RahimBhai-
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Registration date : 2010-04-07
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Forexgreenland - Forex forum,Forex training, Forex signals, Forex managed accounts :: Your first category :: Stock Trading Tips Forum :: Stocks, Treasury Bills , Bonds, Futures, etc
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