Will a bank give you a line of credit to buy stocks?

[ElCubano]

"ElCubano" - Add that name to the list of grubby cowsrdice Keyboard Warriors you'll come across on the Internet.

Sniff Sniff ...

 

[M.W.]

I apologized to someone else not you. Don't make everything about yourself.

Your mea culpa barely meets the definition of the term.

 

[virtusa]

Hilarious that such a stupid question can generate so many posts.
I don't understand how real traders want to be busy with this kind of stupidities.

 

[guest_trader_1]

Hilarious that such a stupid question can generate so many posts.
I don't understand how real traders want to be busy with this kind of stupidities.

Half of the posts are making fun of the question, and the other half are helping OP to set a perfect trap for his trading, it is all coming from psychopathy and boredom.

 

[zdreg]

I apologized to someone else not you. Don't make everything about yourself.

It doesn't matter to whom you address it to. It was a mediocre performance to top off the misinformation that you posted on this thread and the feeble attempts to justify it.

 

[xandman]

You know this thread is going to be presented in an internal FED meeting.

This is why we can't have nice things!

 

[countryBoy641]

Have to add what the OP is talking about is commonly know as "Revenge Trading".
It is real.
So, the OP is not aware that he didn't discover something new.
And any good trading book should cover it.
I have most of the Jack Schwager books here.
It's probably mentioned in most of them, different interviews.
Definitely something any trader should be able to recognize, and not do it.

 

[M.W.]

Don't be an asshole zdreg! I mistyped a single term. I made in my very post in this thread clear that I refer to collateralized loans such as home equity loans. I mentioned that my use of "general" in a follow up post was incorrect. If that's not enough for you then with all due respect, F OFF.

It doesn't matter to whom you address it to. It was a mediocre performance to top off the misinformation that you posted on this thread and the feeble attempts to justify it.

 

[Sprout]

A credit card cash advance actually sounds good ET180. I assume they don't care what the heck the money is for. Problem is finding one with a low enough rate to really make it worth it. I need to do some digging.

No some give you a super low interest for signing up with their card, for a long number of months. Like I think I saw one with no interest for 21 months. That would allow me to spend on my card and put the cash into the market instead, at a VERY low interest rate.

Thank you ET180!!!

Better to buy crypto with credit and convert to USD - requires much less in interest payments to service the debt since crypto is not considered cash. You also have a revolving window by which to game payments.

I did the whole cc shuffle with creative financing of RE. It works better in a macro bull than the current macro environment.

It’s a house of cards that requires ocd diligence else the whole thing comes crashing down when a 30day late is posted. All your other creditors can use that account to change terms on you.

CC’s are like a table saw. Great tool that can be used effectively and safely yet can claim fingers/hands if one’s attention lapses.

If you have good credit get the higher limit cards. SoFi, Discover, et al are generous with the credit limits on new accounts - subreddit cRedit is a good source to play the CC game.

 

[zdreg]

Don't be an asshole zdreg! I mistyped a single term. I made in my very post in this thread clear that I refer to collateralized loans such as home equity loans. I mentioned that my use of "general" in a follow up post was incorrect. If that's not enough for you then with all due respect, F OFF.

Thank you for once again revealing the depth of your character. Perhaps someday you will give up the childish habit of name calling.