Dear wise counsel of (Not) Financial Advisors, I accepted a cash advance promo for 0% interest until Dec. 2023. I maxed out the loan to $15,000. Funds hit my account Tuesday. What should I do with it??
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Isn’t a loan the opposite of cold hard cash?
Puts on any financial future you have.
Whats the interest after December
Half on hookers and blow and the other half on 0dte’s
You paid 3% fee for money you don’t need that your looking to risk and if you loose will have to pay back at 23% (or higher) APR, and now your debt utilization is higher, your credit score will loose some points, and until you pay it back it will cost you more to borrow if you end up actually needing some cash for an emergency. BoA is the loan shark hoping you fail, once you do they will hand you more money and have you working behind the dumpster to pay off every cent and much more. You Sir belong here.
get 3000 5 dollar scratch off tickets
Take out another loan to double your money, then pay off each loan with the other loan.
Highly regarded, belongs here.
Monday monday..Monday… so good to me…. Oh Monday morning…
PUTS ALL THE WAY
Who gave you such an amazing loan?
Be very, very careful.
All on black. One roll
6 month treasury is trading above 4%. You could buy one and make $600 profit risk free in 6 months
Give it to me. I know what to do with it
It’s already gone so it doesn’t really matter
Just make sure you pay it off 2 months in advance. The last month will hit you with the full year of interest if you don’t. Take the money but be wise w risk allocation.
Go all in on puts you scumbag
Return it. Taking a loan, of any kind, to get in on the markets is stupid as fuck.
Give it to me if you are out of ideas
Boof it.
Sell puts. Cry when the market crashes
Treat it as if it was 15 million not 15000, and then invest it according to what you would do if it were a huge amount. It will get you in the conservative get paradoxically rich mindset
Buy natural gas ETF option for March 2023 and wait for Putin to turn off the gas once it gets cold in Europe.
0DTE SPX options
Lions moneyline against the Vikings.
Then take that and put it on Spy puts.
In this market anything besides a CD or MMA is a risk.
Hookers and blow is always an option. Would be a weekend you’ll never forget.
My advice: don’t take advice from WSB. That’s not a joke.
Tesla calls all the way ..
I am looking for a loan…
5x leveraged spy etf! It can’t go any lower. I imagine. DCA 1k a day for 15 days.
Payoff your other higher interest debt
Yolo on DRV.
Buy $10k worth of I Bonds now, and give $5k to a trusted friend to buy you a $5k I Bond gift, which you will take possession of on January 1.
Give it back!!
Buy something with low IV and sell covered calls every week. When the shares go, put the money away to pay off the loan.
You’re a moron.
Just please don’t make some dramatic post about killing yourself in two weeks…..
Gme calls several months out. It’ll print because it’s super cheap right now. And it’s nearly guaranteed. Also you are a moron
GME so you can be part of history and get blamed for Armageddon.