Friday, October 9, 2015

Borrow to Trade

I have borrowed $10K at 3.25% interest, and the goal is to use this money for short term trading with a target of $1200.0 net profit within 12 months.

The 3.25% interest is tax deductible.  Each $100 profit earned to be used to pay down the loan principal.  $100 net profit per month from short term trading is doable, but I will need to be patient and disciplined.  I need to first establish that I can consistently net $100 profit per month.

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