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Ask Dave

Come On ... Borrow Just A Little?

Glen wants to borrow just a little money to invest in stocks. What does Dave say about it?

QUESTION: Glen asks if he should buy a small some of money to buy stocks. It’s time to be bullish in the market, he says. Dave says otherwise.

ANSWER: It’s a time to be bullish, but not foolish. Buying single stocks is ultra-high risk, and borrowing to invest in anything increases your risk tenfold. Never borrow to invest. When you do invest, do it in good growth-stock mutual funds.