Re: Taking out a prosper loan to buy stocks
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the rate of the loan is 12% per annum correct? then don't you have earn at least 12% per annum returns from the market to turn a profit? am i missing something here or are your numbers way off?
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You have to make way more than 12% because your gains are taxed.
P.S. This is probably the worst idea I've ever seen on this forum.
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