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Old 02-25-2009, 10:26 AM
alpha_academic alpha_academic is offline
The Finance Forums
 
Join Date: Feb 2009
Location: Florida
Posts: 5
Default Re: Dumbest thing you ever took out a loan for.

I think one of the dumbest things I have ever heard of was something using margin on their brokerage account to buy a stock of a single company. There is a lot of inherent risk on owning a single company, and using borrowed money to bet is not that smart.
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