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Taking a loan is a very risky act because it might happen the person could not be able to pay back the loan also investment is kinda risky, does it make sense to take a loan for investment?
We seek for loans for so many things and engaging in the financial activity of investment is basically one of the reasons why an individual should seek for a loan if he or she have come across an investment opportunity that is worthy and totally going to compensate him or her. While seeking for a loRead more
We seek for loans for so many things and engaging in the financial activity of investment is basically one of the reasons why an individual should seek for a loan if he or she have come across an investment opportunity that is worthy and totally going to compensate him or her. While seeking for a loan to carry out investments, an individual should be mindful never to seek for this loan and incur long term debts, important to avoid the sea or she must be at least 98 to 99% sure that the investment opportunity he or she is trying to invest the collected loan is going to compensate him or her, and even if the investment opportunity fails, such individual seeking for loan must also have in mind other strategies to stiil repay back a loan so as not to be financially stranded.
See lessI don't think it's wise to take a loan while starting investment, taking a loan to start Investment is so risky especially when you'd not really have the full knowledge about the platform you want to invest the money. Taking out loan to start investing can result in lost and debt which will lead toRead more
I don’t think it’s wise to take a loan while starting investment, taking a loan to start Investment is so risky especially when you’d not really have the full knowledge about the platform you want to invest the money.
Taking out loan to start investing can result in lost and debt which will lead to financial disaster, I won’t advice you to get a loan and start investing, it’s kinda risky and difficult to find solution for.
See lessBasically, experts do not recommend taking a loan to start an investment, especially for beginners and those who don't have much experience. Investors generally cannot read price trends correctly, so they rely more on emotions and guesswork. they also do not have a strong fundamental basis so theirRead more
Basically, experts do not recommend taking a loan to start an investment, especially for beginners and those who don’t have much experience. Investors generally cannot read price trends correctly, so they rely more on emotions and guesswork. they also do not have a strong fundamental basis so their analysis is weak. But I often meet professional investors, taking out short term loans (15 days-30 days) to buy investment instruments such as IPOs, they buy on the primary market and sell when the IPO has been published on the capital market and of course the price has gone up, but I don’t advise you, This is just for information.
See lessYou can of course take a loan to make an investment. IN fact the best way to use loan money is to invest or build a business. However, before you get a loan you need to do a research and find out how much interest you will be paying on your loan and how much return on investment you are supposed toRead more
You can of course take a loan to make an investment. IN fact the best way to use loan money is to invest or build a business. However, before you get a loan you need to do a research and find out how much interest you will be paying on your loan and how much return on investment you are supposed to receive. As long as you are receiving more than what you are paying, you are good to go with a loan, otherwise, you need to avoid it
See lessNo, it'll even be better if it's a business, why do you want to take a loan to start investing? Investing typically take a very long time before it matures and you might make some bad Investment that might make you lose money. The best thing is to save your money and invest yourself, put the risk onRead more
No, it’ll even be better if it’s a business, why do you want to take a loan to start investing? Investing typically take a very long time before it matures and you might make some bad Investment that might make you lose money.
The best thing is to save your money and invest yourself, put the risk on yourself, so that even if it goes sideways you’ll not get any blame whatsoever.
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