Many people have advised not to borrow to invest. Does this change if I could get interests free loans (around 10k)?

Nope. Even if its interest free loans, theres a due date for repayment. Stocks are volatile even for blue chip. Just take a look at SIA stock. Before this pandemic, no one would have thought that SIA stock will drop so badly. You will never know which company is next.

Thus its risky to lend a sum of money to put in stock market. If the stock price drops, your capital is stuck and you have no way to repay that 10k. If you are forced to sell to repay that 10k, you will be forced to sell at a loss.

This current pandemic is predicted to impact the economic for the next 1 to 2 years. Unless your loan is 5 years interest free, its not worth it.

Hi anon,

Unless you are prepared to top up in a margin call, else stay away from leverage if you are just starting out into investing.

Even if there was zero cost, you can still lose more than what you put in, depending on how much you amplify your leverage and the direction of movement of the stock.

You need to also understand that there is no guarantee that the stock will move in the direction you want, but it's a guarantee that you will have to pay back the principal that you borrowed. Thus, only leverage if you have deep enough pockets to withstand the worst case scenario.