Answer by Vicky for Sell stocks or borrow money from a friend to pay my...
Investments with a high risk/reward ratio (such as stock, especially stock in one company rather than a broad portfolio) are more suitable for people who have already built up significant savings...
View ArticleAnswer by jwh20 for Sell stocks or borrow money from a friend to pay my...
Don't invest money that you cannot afford to lose at least in the short term.Don't lend or borrow from friends you cannot afford to lose, same with family members.Don't borrow money to invest that you...
View ArticleSell stocks or borrow money from a friend to pay my credit card bill?
I began working as a full-time Data Analyst 5 months back. I make $500 a month and I have $10 in my savings account.I have about $900 invested in a company which I believe has the potential to return 3...
View ArticleAnswer by Michael Richardson for Sell stocks or borrow money from a friend to...
Don't borrow money from friends or family. The potential damage to the relationship is severe.Sell the stock and pay the credit card. Is this a minimum payment (meaning you will have a similar bill...
View ArticleAnswer by D Stanley for Sell stocks or borrow money from a friend to pay my...
If I were your friend, I would not loan you $760 knowing that you had $900 tied up in a stock. I would advise you to sell the stock and hope that there's still time to buy back in if you have the money...
View ArticleAnswer by pgibbons for Sell stocks or borrow money from a friend to pay my...
Stocks will or can crash any day, it's like gambling. Be aware that your stock may only be worth half that in a month (it's possible and it has happened). With that in mind pay what you owe first, then...
View ArticleAnswer by sribe for Sell stocks or borrow money from a friend to pay my...
Think for a second suppose somehow I managed to survive two months and I got 10% more return or maybe more I won't have chance to buy back from that low price it will be too late to buy that stock.If...
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