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20-08-2011, 01:30 PM
This article was funny.
"RIGHT after the markets crashed in late July"....the market hasn't crashed, it just wobbled a bit.
And I laughed at the last sentence....try to maintain happy thoughts....!!???
Seriously though,
It didn't say if he is borrowing against private property, or against shares he brought using 'a bit of his own capital'.
Also, with a salary 'coming to five digits' and 'no kids to feed', the 50K loan is not large.
Might be worth looking in to. I wonder if, with no private property, I can get a line of credit, at a reasonable interest rate, payable only if I use the funds.
"RIGHT after the markets crashed in late July"....the market hasn't crashed, it just wobbled a bit.
And I laughed at the last sentence....try to maintain happy thoughts....!!???
Seriously though,
It didn't say if he is borrowing against private property, or against shares he brought using 'a bit of his own capital'.
Also, with a salary 'coming to five digits' and 'no kids to feed', the 50K loan is not large.
Might be worth looking in to. I wonder if, with no private property, I can get a line of credit, at a reasonable interest rate, payable only if I use the funds.
I wait until there is money lying in the corner, and all I have to do is go over there and pick it up.
Jim Rogers
Jim Rogers