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Reply to "Taking out a second mortgage to buy stocks "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]People were saying to not invest in Nvidia 5 years ago and it was going to crash. Look at where Nvidia is now. Always remember that people always say there are bubbles and never are shamed into not giving their opinions again when these bubbles never burst. People were saying Apple was a goner when Steve Jobs died too. [/quote] Hindsight is always 20/20. For every Nvidia, Apple, Amazon, there are thousands of companies that don't make it. Are you willing to bet your house picking the next future winners? [/quote] Magnificent 7 is 1/3 of the S&P. It's obvious who the winners will be in an oligarchic/monopolistic market. Get in or get left behind. I assume they can pay the 2nd mortgage out of income if the bets don't quite perform or have a pullback.[/quote]
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