2007-03-09 03:05:10 · 12 answers · asked by Benjamin S 1 in Business & Finance ➔ Investing
Only in a recession. You buy when everyone is scared and you sell when everyone is excited. That's the name of the game. Buffett and Graham have been preaching it forever.
Two years ago I was all-out margin, almost always having like 50-55% equity. Today I took out most of my money, I am 90% cash (or near equivalent) and wouldn't dare borrow a dollar to invest in stocks.
2007-03-09 03:41:27 · answer #1 · answered by sirtitan45 4 · 1⤊ 0⤋
If you can't spell borrow right, you should not be barrowning money to PLAY in the stock market. At what interest rate are you going to borrow money? What stock are you going to buy? What if that stock goes down? What if that stock is flat? The answer is that with the broker's fee, tax and interest on your loan, you will lose money. Not all stocks go up.
2007-03-09 14:35:35 · answer #2 · answered by jhistenes 2 · 0⤊ 0⤋
The Stock Market IS NOT A GAME.
2007-03-09 03:35:40 · answer #3 · answered by Anonymous · 1⤊ 1⤋
No dont do that you will repent invest only 20% of what you have allocated of your own money even if it is 1000 bucks invest in parts
2007-03-09 04:30:47 · answer #4 · answered by Ali I 1 · 0⤊ 0⤋
Insanity.
2007-03-09 03:07:43 · answer #5 · answered by Anonymous · 1⤊ 0⤋
In life everything is borrowed
why not money 4 mkt
2007-03-09 04:20:37 · answer #6 · answered by dinu_pawar 5 · 0⤊ 0⤋
thats the exact thing that caused the market crash in the 30's
GO FOR IT!
2007-03-09 03:08:06 · answer #7 · answered by grasshopper 3 · 1⤊ 0⤋
pretty bad idea
How are you going to pay it back if your stock choice fails?
2007-03-09 03:14:21 · answer #8 · answered by Clarkie 6 · 1⤊ 0⤋
No, no, no (sigh)!
If you can't afford to pay, you can't afford to play!
2007-03-09 03:08:51 · answer #9 · answered by I See You 4 · 1⤊ 0⤋
Ah, they're playing your tune...
dumb-de-dumb dumb.
2007-03-09 03:24:46 · answer #10 · answered by GeneL 7 · 1⤊ 0⤋