Anonymous
Is there a sensible / reasonable scenario investing via a robo?
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Elijah Lee
07 Jan 2021
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Musyaffaq
07 Jan 2021
Business Studies Graduate at Ngee Ann Poly
Never borrow to invest.
Borrow -> confirm lose money (interest)
Invest -> potential to earn but never guaranteed
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Lin Yun Heng
07 Jan 2021
Senior Analyst at Delphi
Never ever borrow to invest! This is something reiterated by Warren Buffett because borrowed money =...
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Hi anon
The interest you incur on your borrowings is guaranteed.
Investment returns are not.
Thus I wouldn't do so. 12.8% is really quite extreme. Even borrowing on margin for investing does not incur that level of interest in SGD terms. If you really wanted to borrow to invest, just do it on margin. Financing rates are going to be <3%