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Re: Sirpeter post# 88325

Sunday, 08/12/2012 9:33:46 AM

Sunday, August 12, 2012 9:33:46 AM

Post# of 232511
Life is full of risk; a calculated one is the best risk. If the intent is to hold this position and providing one can pay the loan during the duration of the co. growth. then I wouldn't say this is bad. For some of us; this may not be an option. Since Kmag is a solid investment then the risk here is far less then other stock plays. You can take the same money and lose it on the Dow or NAS choosing the wrong stocks at the wrong time. So if I were to want to make $ but at the same time keeping things into perspective I would choose this co. A loan is fine as long as it is manageable. As mentioned if interest is 1000 but your return is 12-15k then why not. Is this something I'd recommend doing or would personally be doing repeatedly? hell no. This is a once in a lifetime opportunity. And many can tell you that. jmho.
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