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[quote=Anonymous]He's gambling, pure and simple.  What's worse is that he lacks to $ he wants to gamble with, so is going into debt to obtain the funds he plans to risk.  This is much more likely to result in a far worse financial position than when he started, as is true of all get-rich-quick initiatives.

A discussion around risk tolerance, yours included, might be helpful (probably not, sadly, given that this scheme has made it this far).  That is, while your husband has visions of massive gains, they necessarily come with the realistic potential for massive losses and an ongoing debt burden you'll both have to satisfy over a long period of time.  What would that debt cost you in terms of lost opportunities, lifestyle, and future financial security, is it all goes wrong.  The potential rewards may be high, but the consequences of being wrong are very grave, so the risk is extreme.

Propose instead that he buy stock with cash on hand you won't miss if it goes up in smoke.  That provides a much smaller upside, but with no real risk since the consequences of losses would not be material.  [/quote]

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