Seeking Alpha
  • cheznazi
    Just secured a 0.0% loan from my local bank due in full on Jun 30th. How should I spend this $$? add more of $BBRY? $QLGC? $ALU?
    1/9/13
    Reply (15)
    • weed: If you lose a big chunk of it will you be able to cover it?
      1/9/13
    • smokeyRose: DO NOT BORROW MONEY TO BUY STOCKS!! Good Lord man!
      1/9/13
    • Seppo Sahrakorpi: Just do not do it.
      1/9/13
    • Energysystems: Never borrow to buy.
      1/9/13
    • smokeyRose: Chez Do you Get it Now?? How did you even get That Loan anyway?? you could not have told em Your Plan, no?
      1/9/13
    • cheznazi: Wow!!! Almost everyone is against it!!!! Hmmm... think I should fire my accountant coz he said it is a good idea
      1/9/13
    • cheznazi: @smokeyRose - Nah, I told them I want to invest it but not on margin but personal loan
      1/9/13
    • cheznazi: I will listen to all you wise souls and not borrow to invest ...except, I already borrow and invested in RIM! Haaaaaa (God help me!)
      1/9/13
    • cheznazi: That was back in December!
      1/9/13
    • cheznazi: No more loan money for investing. Thank you guys!!! Everyone! Appreciate your wisdom
      1/9/13
    • Aliefduffey: June is really soon. I would focus on a dividend stock with a high yield
      1/9/13
    • smokeyRose: good luck With $BBRY may pay off for you!
      1/9/13
    • cheznazi: We shall find out in 3 weeks! I have put a stop @ $9.00 if $BBRY drops below. 2B honest, I am banking a lot on $RIMM, $NOK, $AMD and $ALU
      1/9/13
    • smokeyRose: you need to Diversify
      1/9/13
    • cheznazi: First thing I need to do is sell my $SVU shares! It is just not worth the headache. I am hoping tomorrow will be the day.
      1/9/13