Post
Topic
Board Economics
Re: Dont just borrow money but for the right reason
by
Oceat
on 23/12/2021, 23:37:24 UTC
It's easy to make a paragraph and put everything you want to happen and believe that it will really happen with or without basis or strong support. If only there's such an easy thing exist in investing, I'm sure we will only see a few people struggling financially.

Now going back to reality, things aren't that easy, and wake up, people. I'm not against OP's view if it's the thing on his mind but I can't apply that to my own. I have my own way and that's what I will follow.
I second to this!

If that's how easy it is if we invest we shouldn't have a problem financially yet the reality just hit us hard when you stepped into adulthood. Newbies might follow the OPs method but I hope they know what they have been doing since most of them would just blindly follow the trail of how to get an easy money with less effort. And I don't think loaning is a good way to invest especially in this very volatile market. Reality would just slap them after they realize that they lost something because of loaning then proceed to invest into something with very little knowledge.

One should be knowledgeable enough about the market if they're planning to invest on it and ready to accept the consequences if they failed to pay the loan. One should be ready and is confident they could pay the loan in no time plus confident enough to get their money back after investment.