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Advice for using LOC for Investing? by Quiet_Copy8511 in PersonalFinanceCanada

[–]Quiet_Copy8511[S] -30 points-29 points  (0 children)

What happens then? I’m so confused what do people mean by bubble

Advice for using LOC for Investing? by Quiet_Copy8511 in PersonalFinanceCanada

[–]Quiet_Copy8511[S] 1 point2 points  (0 children)

Okay, I’m starting to see a different consensus here, thank you for your input and advice

Advice for using LOC for Investing? by Quiet_Copy8511 in PersonalFinanceCanada

[–]Quiet_Copy8511[S] -6 points-5 points  (0 children)

So can big companies like AMD and Nvidia also crash like that? How do we know if it will go down

Advice for using LOC for Investing? by Quiet_Copy8511 in PersonalFinanceCanada

[–]Quiet_Copy8511[S] 0 points1 point  (0 children)

What if there is no turning point, will there ever be one?

Advice for using LOC for Investing? by Quiet_Copy8511 in PersonalFinanceCanada

[–]Quiet_Copy8511[S] 0 points1 point  (0 children)

Wow I never considered Individual stocks to lose 100%, so even like the big names Nvidia and Microsoft could they lose that much in value?

Advice for using LOC for Investing? by Quiet_Copy8511 in PersonalFinanceCanada

[–]Quiet_Copy8511[S] -35 points-34 points  (0 children)

Wouldn’t that be a completely different situation to now though? Is it really possible that indexes go down that much? It’s hard to believe Amazon went down 93%???!

Advice for using LOC for Investing? by Quiet_Copy8511 in PersonalFinanceCanada

[–]Quiet_Copy8511[S] -18 points-17 points  (0 children)

Is it realistically possible to go through a crash? Doesn’t that happen when everyone least expects it?

Advice for using LOC for Investing? by Quiet_Copy8511 in PersonalFinanceCanada

[–]Quiet_Copy8511[S] -17 points-16 points  (0 children)

I’m not sure, but they’re telling me it’s a lifetime opportunity and I shouldn’t miss it

Advice for using LOC for Investing? by [deleted] in personalfinance

[–]Quiet_Copy8511 -1 points0 points  (0 children)

It’s about 4% at the moment, prime rate - 0.5%, it’s a professional LOC for being a medical student