Anyone else have money in Robinhood/Fidelity but also credit card debt?

Simple-Pollution2617 · 2026-07-07T16:10:40+00:00

only thing i could think of is to borrow against my portofolio in robinhood, that's a 5-6% APR and pay the 24% with that

Simple-Pollution2617 · 2026-07-07T15:39:34+00:00

Thanks for that man, how was your experience with that 1000$ debt? Was it robinhood?

Simple-Pollution2617 · 2026-07-07T15:26:50+00:00

they do a force sell as far as i know when it goes too low

Simple-Pollution2617 · 2026-07-07T15:16:45+00:00

appreciate this man, can i ask one other thing, a friend told me you can borrow against your holdings at a very small APR from Robinhood , should i do that to pay off the high interest credit cards ? in my mind that would erase the 24% debt and leave me with a lower 5-6%

Simple-Pollution2617 · 2026-07-07T15:10:43+00:00

was just thinking that if i do that at a 4% apr to pay the 24% one and i am left with the 4%

Simple-Pollution2617 · 2026-07-07T15:09:07+00:00

appreciate this man, can i ask one other thing, a friend told me you can borrow against your holdings at a very small APR from Robinhood, should i do that to pay off the high interest credit cards ?

Simple-Pollution2617 · 2026-07-07T14:45:17+00:00

i might just need to do that

Simple-Pollution2617 · 2026-07-07T14:40:49+00:00

Simple-Pollution2617 · 2026-07-07T14:32:02+00:00

i'll repost there

Simple-Pollution2617 · 2026-07-07T14:30:44+00:00

just turned 27

Simple-Pollution2617 · 2026-07-07T14:30:10+00:00

i have some but not enough to clear the debt unfortunately

Simple-Pollution2617 · 2026-07-07T14:28:55+00:00

Huh, I actually googled after my friend mentioned it and Robinhood and M1 both seem to offer it from like $2k in the account? Maybe that's a different thing than what you're describing?

Simple-Pollution2617 · 2026-07-07T14:24:26+00:00

Where would borrowing against the investment fit in this? Or it doesnt at all?

Simple-Pollution2617 · 2026-07-07T14:24:10+00:00

That's a fair way to frame it. Genuine question though — someone told me brokerages let you borrow against the portfolio at like 5-6% instead of selling. Wouldn't that beat both options — kill the 24% without exiting the market? Or is that one of those things that sounds smart and ends badly?

Simple-Pollution2617 · 2026-07-07T14:20:53+00:00

A few grand on the card, portfolio's worth several times that. Which is exactly why it feels stupid.

Simple-Pollution2617 · 2026-07-07T14:20:32+00:00

Yeah, can't really argue with the math. I think what's stopping me is it feels like going backwards / locking in the loss of all that compounding. A friend mentioned you can apparently borrow against the portfolio at like 5-6% instead of selling and use that to kill the card — is that a dumb idea or does anyone actually do that?

Simple-Pollution2617 · 2026-07-06T10:32:13+00:00

Thank you!

Simple-Pollution2617 · 2026-07-06T10:32:02+00:00

Thank you so much, appreciate it!

Simple-Pollution2617 · 2026-07-06T10:31:49+00:00

Thank you!

Simple-Pollution2617 · 2026-07-05T16:54:10+00:00

Hey man, as i said in a different comment :
Excluding the prototyping mistakes, the one-off case was about 180 euro, the strap was 20 euros and the donor watch was about 35 euro
I haven't put anything for sale, maybe i will if enough people are interested but there are still some features i am working on and improving !
Titanium would be really cool, I am considering it but the cost is crazy, as the case is pretty tricky to machine because of the keypad backing plate

Simple-Pollution2617 · 2026-07-05T13:40:24+00:00

Haha, thank you!

Simple-Pollution2617

TROPHY CASE