facebookI need money for investment, but loan companies don't offer so much to cover initial capital, is it wise to go to multiple loan companies? - Seedly
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Anonymous

18 Apr 2019

I need money for investment, but loan companies don't offer so much to cover initial capital, is it wise to go to multiple loan companies?

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    Discussion (10)

    What are your thoughts?

    What are u investing in? What makes u think u can make a higher return than what the loan companies charge?

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      Gabriel Tham

      Gabriel Tham

      26 Sep 2018

      Level 14·Tag Team Member at Kenichi Tag Team

      Better to save up before investing. Take too many loan will create a bigger problem.

      When market crash, all of them will margin call you same time and you need to top up with cash to sustain your investment. If you cannot provide the cash, all will force sell even at loss.

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        Jeff Yeo

        Jeff Yeo

        28 Sep 2018

        Level 10· amateur Social contributor at School of social sharing

        Not advisorable to take a loan for investments unless you are 100% confident that your investments c...

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