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[G-Man]

I haven't heard of that specifically, but I know that you can borrow a lot with a little if you just want to gamble and potentially lose everything/owe even more from a small fluctuation in price. The amount I'm talking about allows for a conservative LVR which would ride out a market correction, and hopefully a crash.

Oh I see.  You haven't heard of that specifically so you have no idea what you are talking about but yet you are suddenly an expert saying that it's a gamble that "you could possibly lose everything/owe even more with a small fluctuation in price"??  And of course, your method is better and would ride out a market correction just like magic!

Actually playing with cfd are safer and more stable since this market is open 24h so if something happens overnite your stop loss will actually work and protect your positions.  As per the stock market, if there is a market correction or a crash overnite there is nothing you can do since when it opens at 9h30, it will be already well below your stop sale so you are screwed, there lies the real danger but hey! what do I know since you're the expert!

You should stop suggesting people to borrow money for the market.  You NEVER do that unless you really know what you are doing and you have a positive track record either real or on a sim platform.

[Devildog 0331]

It's all about perspective. When this is comin from someone that is 5'4 then Yeah I consider myself extremely grateful, however when guys taller than me call me short then I also wish I were taller.

I was thinking about this and you are right. We could only advise you but reality is you need to do what makes you happy. Dont worry about age Im currently 30 and Im doing my surgery in 2 years? Simply because I dont want to do externals. You just need to save your money.

Take my advise your life starts when you are in your 30s. This is when things are more solid. And more important. You will definitely look better at 5' 10-5' 11". Just save your money you are worth every penny.

PS this post got off topic

[Thatdude950]

Oh I see.  You haven't heard of that specifically so you have no idea what you are talking about but yet you are suddenly an expert saying that it's a gamble that "you could possibly lose everything/owe even more with a small fluctuation in price"??  And of course, your method is better and would ride out a market correction just like magic!

Actually playing with cfd are safer and more stable since this market is open 24h so if something happens overnite your stop loss will actually work and protect your positions.  As per the stock market, if there is a market correction or a crash overnite there is nothing you can do since when it opens at 9h30, it will be already well below your stop sale so you are screwed, there lies the real danger but hey! what do I know since you're the expert!

You should stop suggesting people to borrow money for the market.  You NEVER do that unless you really know what you are doing and you have a positive track record either real or on a sim platform.

What is this crap? I never said I was an expert.

I'm a simple buy-hold investor in a hedge fund. The way you beat corrections is with PATIENCE and time in the market. While some years you will be negative, in the long run you can expect decent returns. And with a conservative LVR you can keep holding without worrying about a margin call bar a catastrophic crash. And the interest you pay, at least in my country is tax deductible. The fund I'm with has averaged out to 12% a year for the past 20 years. Sure, there's risk but I'm not advising anyone. I'm saying what I do just to give an idea of how much money you're giving up to do LL, and what you could be doing with it otherwise - like investing it in you future in a way that'll actually help, rather than chasing a few inches.

And anyway, you're on here without ever having done LL. You're not a doctor. What the fk do you know? A bunch of depressed men giving each other advice often clouded by their desperation is far more dangerous than my financial musings.

[G-Man]

Oohh getting mad! 

Anyway, sorry for hijacking your thread yyes.