Think I should take out a loan to buy into Visa ipo?
Louvenia asks:
Got an account with Merrill and they said I can buy into Visa ipo before it goes public. I am debating whether or not to take out a personal loan to go in really big before it hits the markets. Suggestions on what I should do?
Got an account with Merrill and they said I can buy into Visa ipo before it goes public. I am debating whether or not to take out a personal loan to go in really big before it hits the markets. Suggestions on what I should do?
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They are letting you buy into it before the IPO? How on earth are they letting you do that? Can you give me your brokers name so i can talk to him too. I would love to get into VISA before it goes public too. Easily triple your money in 1 year with that company and everyone knows it.
I wouldn’t bet the farm on anything in this market environment. Plenty of IPOs go down upon issue; look at the Blackstone IPO. Defaults are rising everywhere. Depending upon your level of confidence and knowledge in this issue, I would put in up to 10% of your total portfolio value max.
Absolutely, this puppy can’t miss. Borrow as much as you can get your hands on.
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