Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mBiaLoss wrote:Tell me Wazuans, I can see the NSE has bottomed out and from now, the only way things can go is up....unless some of the super-low counters really go bankrupt and that is a risk am willing to take.
Now problem is; i don't have cash right now to invest and am afraid I will lose the opportunity. Can I take a loan to invest? Common sense says no..because if the companies goes bankrupt then am stuck with a loan to pay out of my future earnings...But if I sit here like a dummy I may never get a chance to invest at the right time....
If I get a loan well, (at less than 10% interest) can I take it and invest?
No. Because 1. it multiplies your risk, and the cost of borrowing may end up being very high.
If you choose to, borrow from family or friends who agree to give you the money without any interest rate attached to it and without a refund timeline. However, be prepared to lose these friends if things dont end up going the right way.
If you are sure that you will have the money say by the end of the month then see if your broker can give you some financing options many brokerage firms offer the service as long as you have been a customer for a while and hold a substantial holding.
All the best, as someone has said, if you're a dare devil and are willing to risk it all...go for it and come back and give us your lessons."There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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