Re: Taking out a prosper loan to buy stocks
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I don't want to get too cocky, so I am capping myself at a maximum annual return of 35%, which I actually think is achievable based on my opinion of my stock-picking ability.
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I do believe that a small percentage of people with < $1M portfolios can achieve this return over extended periods of time. However, I believe that there is nobody in the world who doesn't already have $25K freely available to invest who can achieve this return. Reading the things you've written in this thread it's clear to any moderately knowledgeable person that you have no edge on the market.
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While I may or may not have knowledge, I don't see whether or not your have $25k available to invest is any indicator of how knowledgable you are in the stock market. I'm sure there are lots of people out there with the smarts who just don't have the opportunity, and vice versa, lots of people out there with the money, who just don't have the smarts.
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