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pimpinainteasy

08/19/09 8:16 AM

#32682 RE: rawrthis #32663

Personally I would never think borrowing money to invest would be a good idea. On that 5 year pay off on 10% you will pay over 1300 bucks in interest. Now if your stock goes up you have to pay taxes on your gains, add that to the interest and this is what you need to make just to break even. No guarantee you will make that much, but I promise you the interest will need to be paid on that loan. But you have to do whatever it is you feel the need to do and best of luck.