At first I wanted to borrow $2000 to start trading stocks but my boyfriend says no because its too risky, so I said what if it's to put in a CD he still says no. We have been together for a few years now. I feel that he cares about money more than he cares about me. I don't think I can marry him if his priority is different than mine. Is this right?
2007-01-25 04:12:24 · 11 answers · asked by desperatehousewife 2 in Family & Relationships ➔ Marriage & Divorce
Seems like some people here doesn't know what a CD is or think it is a Compact Disc.
A CD is a bank account that allows you to earn interest over the time, but you can't withdrawn the money until the due date is up. Usually there is also a min amount you need to put into the account and the term is at least 1 year.
2007-01-25 15:32:40 · update #1
If it's not clear in the question: I also need to state that I'm trying to borrow money from him that's why it may seem like he does care where the money is going.
2007-01-25 15:34:53 · update #2
Well, we're only getting your side of the story...and you want to BORROW $2k! If you wanted to trade in stocks, you should risk your own money, not his...even if it's a loan. Your boyfriend as good reason to not loan it to you. Maybe he doesn't think you're financially responsible enough. Maybe you don't know to buy/sell/trade in the stock market....
He doesn't care more about money than you...he's just wise in the financial decision he makes. You need to do the same and have YOUR OWN money too. He's not an ATM for instant loans.
2007-01-25 04:34:17 · answer #1 · answered by Anonymous · 1⤊ 0⤋
You don't borrow money to put it in stocks or CD's you have to pay the money back & interest. If you want to save, start putting some of your paycheck away in a savings account.. Listen to your B/F, he has more money sense,
2007-01-25 04:24:19 · answer #2 · answered by Bonduesa 6 · 1⤊ 0⤋
mmmm, yeah. Relationship or no, borrowing mony to invest in stocks is NOT a good idea. Stocks are like legalized gambling. Sometimes you win, sometimes you loose. If you don't have $2000 to invest, how are you going to pay back the $2000 if you loose some or all of it?
2007-01-25 04:28:57 · answer #3 · answered by battistin 3 · 1⤊ 0⤋
he is right. Why would you borrower money to buy a CD or stocks. That is either foolish or too risky. Earn your money then save it. You dont borrow money to save.
2007-01-25 04:18:15 · answer #4 · answered by sup 5 · 2⤊ 0⤋
He is not your husband - he is your boyfriend. It has nothing to do with love. How do you think he would feel if you borrowed the money and lost it or couldn't pay him back? He is trying to make you see logic by NOT lending you the money. If you need the money - go out and earn it yourself.
2007-01-25 05:10:54 · answer #5 · answered by Anonymous · 1⤊ 0⤋
It’s HIS money. If he doesn’t want to loan it to you, then he doesn’t have to. It doesn’t mean he doesn’t love you or that he cares about money more than you. If you want to play the stock market or buy a CD (these things are not necessities), then use your own money.
2007-01-25 04:22:16 · answer #6 · answered by kp 7 · 1⤊ 0⤋
Forgive the offense, yet do no longer ignore the lesson. a clever guy as quickly as advised me under no circumstances to lend money to pals or kinfolk. supply what you've gotten the money for to loose as a recent and don't anticipate to gets a commission returned. It took me a together as to learn how to try this and that i think of my skill to forgive money owed that I don't have loaned interior the 1st place stored countless effective friendships. I had a chum who continuously "borrow" money and her technique of "paying me returned" became to take me out to dinner. together as i does no longer in many situations have spent that money on dinner, I found out to take exhilaration in her technique and ignore the money. If I also have a chum that needs money, and she or he tells me she would be in a position of pay me returned, I say, "whenever you opt to is fantastic with me," and then I internally view as a recent what she would be in a position of even see as a private loan for the sake of her very own delight. That way if it takes her 10 years to pay returned the $20 I gave her, or she chooses to do something else in substitute, like supply me a recent or do me a prefer, neither one individuals is harm. supply and take is a factor of each dating and counting money and cents is a stable thank you to destroy a stable factor. that's to no longer say you need to enable your self be a doormat, whether that's a great dating builder to work out what inventive techniques each individual contributes to a dating to boot money. i could say call this a studying 2d. Forgive your boyfriend in case you tend to and then basically ensure you do no longer own loan money to him which you will ever decide to be paid returned. quicker or later, you need to communicate to him concerning to the circumstances of your new coverage so he knows to no longer anticipate any extra loans, or you need to enable issues bypass on as they are be a splash wiser for it. -Scarlet
2016-11-27 01:19:17 · answer #7 · answered by jarvie 4 · 0⤊ 0⤋
If you're letting your bf TELL you what you can do with your money, I suspect stocks and CDs are not your biggest problems. He may advise against it but he certainly can't tell you what you can or cannot do.
2007-01-25 04:23:51 · answer #8 · answered by SA Writer 6 · 0⤊ 2⤋
Borrowing $$$$ to buys stocks is Stupid......YOU will loose your a)( Never Borrow $$$$ to make $$$$$.....
2007-01-25 04:31:22 · answer #9 · answered by Been There Done That 6 · 1⤊ 1⤋
I think you're overreacting. How old are you?
2007-01-25 04:30:56 · answer #10 · answered by SillyKimmie 4 · 1⤊ 0⤋