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Get a loan at 4% to invest long term in the Dow Jones?
- Thread starter crgarcia
- Start date
on behalf of stock_turd3r, i hereby declare this is the best idea ever posted on ET.
Actually, it might not be such a bad idea, what with the printing press running at capacity. If it keeps going, Dow in nominal terms might just go to the moon and nothing beats being a borrower when inflation's high.Quote from crgarcia:
What you think?
Get a loan at 4% to invest long term (at least 3 years) in the Dow Jones?
Buying DIA ETFs.
I forgot to clarify:
This is NOT a personal loan.
It's a loan for an investment company.
Quote from crgarcia:
What you think?
Get a loan at 4% to invest long term (at least 3 years) in the Dow Jones?
Buying DIA ETFs.
What I think? I think you are extremely desperate. What you are doing is a carry trade with the Cash/DIA "currency" pair, which is always risky. Value investors don't do this, by the way.
This is a terrific idea. Leverage is a wonderful tool, the more the better.
And you have a nice house which I'd like to buy in foreclosure.
And you have a nice house which I'd like to buy in foreclosure.