I might be inclined to borrow some money for long-term investments, but there is no way I would expect the interest from the investment to pay for the interest on that I borrow.
Alternatively he could use what is left over (probably not much) and get a one way ticket to a country without an extradition treaty. File bankruptcy on the way to the airport. That does mean that he’ll probably never see the friends and family again.
What kind of idiot would do such a thing, especially with Brandon in charge? Anybody with a brain knew when Brandon was installed that there was going to be a whole lot of suck coming.
I lost money in 2022 as the market was down. The good news I owe 0 tax for 2022 : )
I bought some extra AMD stock using borrowed money from the broker at the end of 2022 as the market started to go up. I have done the buying and selling 3 times so far and have made money all 3 times. So far the latest 3rd time the stock price is up so fat $8+ a share. I have not sold yet. I still have not sold my main shares just the extra ones.
The margin call would be around $35 and the lowest the stock has ever been was around $55 and the current price is $84+. So far I have made 8% in less then 2 months with the stock going up just a bit like $8 etc selling then buying back when it drops. I am guessing when to buy and sell but so far so good.
I expect the market will be going up this year heading into an election year. The politicians do not dare wreck the economy more as THEIR jobs are on the line.