View Poll Results: Should I take out a student loan to invest in the stock market?

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  • Yes, good idea if you know what you're doing.

    8 34.78%
  • No, never invest with borrowed money.

    14 60.87%
  • Why didn't I ever think of this?

    3 13.04%
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Thread: Serious Business Inside

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  1. #1
    I ride DUBS hondachik's Avatar
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    Ehhh...No.
    28 . female . I has VTEC . hondachik .

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  2. #2
    v2.0 IndianStig's Avatar
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    Quote Originally Posted by hondachik
    Ehhh...No.
    Well to put it in perspective, a friend of mine who made $100k net over three months out of $25k initial investment is going to be managing my portfolio.

  3. #3
    I ride DUBS hondachik's Avatar
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    Quote Originally Posted by IndianStig
    Well to put it in perspective, a friend of mine who made $100k net over three months out of $25k initial investment is going to be managing my portfolio.
    Well...depends on how he made it. If you've been watching the stock closely the past few months then do it, but I just wouldn't because its already unpredictable.
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  4. #4
    v2.0 IndianStig's Avatar
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    Quote Originally Posted by hondachik
    Well...depends on how he made it. If you've been watching the stock closely the past few months then do it, but I just wouldn't because its already unpredictable.
    He told me his portfolio is exactly the same as on his virtual portfolio. His virtual portfolio was ranked very high for low risk index among other virtual portfolio's.

  5. #5
    I ride DUBS hondachik's Avatar
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    lost me. therefore I will stfu.
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  6. #6
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    Quote Originally Posted by IndianStig
    He told me his portfolio is exactly the same as on his virtual portfolio. His virtual portfolio was ranked very high for low risk index among other virtual portfolio's.

    1. He has to tell you a little more about it then that. Make sure he breaks down and explains his portfolio. Then do your own research, to then make a judgement. Both of my mutual fund accounts let me read online exactly in what stocks the fund is divided up into, the trading philosophy and resume of the manager, etc. so that you know exactly what you are getting into. Is he going to invest and let it sit, or will he be actively trading?

    2. I would take out $5k at the most! So that it doesn't completely ruin your life if it goes bad. How long has he been trading?

    3. The low risk ranking of his virtual portfolio is kind of useless because a lot of people fuck around and take enormous risks in the virtual accounts which they would not take in real life.

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