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Old 06-11-2007, 11:02 PM
domer2 domer2 is offline
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Join Date: Jul 2006
Location: Newport Beach, CA
Posts: 370
Default Re: Taking out a prosper loan to buy stocks

To be honest with you, I think this is a horrible idea. Unless you're buying counter-cyclical stocks, the market is a couple percentage points off its highest level ever, so how much further do you expect it to go up?

Plus, you need to dollar cost average or you'll be screwed.

If you have inside information, go for it, otherwise I do not think this is a wise financial decision.
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