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RE: Never take loans for investments
25
@olujay
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1 min read
It is a good idea to take a loan for investment, but the basis on which it is done determines whether it is an intelligent move.
If you are a person that cannot deal with losing the amount of money you want to loan, your idea may just be shit, as if the market crashes against your expectations, you'd be in a ton of mess.
But if you are one that normally has the kind of money you want to loan or can easily earn it back, then it might as well be a brilliant move, if you play your cards right and determine when to enter the market.
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