Ep 47 - Should I Take Out A Personal Loan To Invest?

In this episode, we talk about if you should take out a personal loan to invest!

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Show Notes:

What is a personal loan?
Should you get one to invest in the stock market?
Should you get one to invest in crypto?
Reasons to get the loan
Personal emergencies, really need the cash.
Paying off the debt with a higher interest rate.
Consolidating debt into one.

Reasons to not get the loan
High APR (Average 9%)
Low turn around time for payment (not like credit cards)