Re: Taking out a prosper loan to buy stocks
Let me get this straight, you are 28 years old and have "the TJ Cloutier feeling" of what companies will do good, yet you don't have $25K in disposable capital?
If you aren't lying (about either your age, or "the feeling"), then you are doing something totally wrong.
Christ, I'm 28, and I have well over that much non-retirement money to play with, and I don't even have "The TJ". I think maybe "The TJ" is actually this: Borrowing high-interest money to gamble with no edge.
Keep us posted. But I can tell you what will happen...either you lose a bunch of money and everyone laughs at you and reminds you that they tried to HELP you, or you make money and everyone points out that you got lucky and are being results-oriented. Then you'll argue about it and bring up the Nintendo stock again, and then someone will photoshop something semi-funny, yet way to cliquish for the older crowd to understand, and it will degenerate into another e-d*ckwaving contest and get locked.
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