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Old 07-26-2007, 07:57 PM
Shoe Shoe is offline
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Join Date: Jul 2004
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Default Re: Taking out a prosper loan to buy stocks

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So did you cancel it because you weren't happy about the rate, or did you cancel it because of the advice here? Make a decision.


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It was a bit of both. I definitely would have taken the loan if it the rate had been getting bid down considerably. I initially would have taken the loan at 13% but decided not to because of advice here (and the recommendation of the 0% credit card loans).

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I have a feeling you will be filing for bankruptcy in 5 years.

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I can absolutey guarantee that won't happen.
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