Long Time Lurker

smcculloch · 11-28-2006, 06:58 PM

Hi Guys,

I'm a long time lurker and found this site via the RichDad site (which is rubbish BTW).

Take a look at this thread about someone suggesting to borrow money on a credit card to purchase stocks! So that the student with no security can get 2500% returns in 4 months:-

http://forum.richdad.com/forums/tm.a...mode=1&smode=1

My situation is that I'm 28, a business owner and saving between 50k a year for retirement. Generally I purchase individual stocks with reinvestment plans but (thanks to this site) will probably start purchasing some vanguard index funds.

MooreBonds · 11-28-2006, 11:27 PM

Quote:

Originally Posted by smcculloch

My situation is that I'm 28, a business owner and saving between 50k a year for retirement. Generally I purchase individual stocks with reinvestment plans but (thanks to this site) will probably start purchasing some vanguard index funds.

Welcome to the forum (hey, perhaps by sending you this way, Kiyosaki might be able to say he actually did do at least one good thing from his top-10 financial porn smut

Have any favorite DRIP plans? I have a few (mostly REITs/banks/utilities)...will post tomorrow.

11-28-2006, 06:58 PM	#1
smcculloch Confused about dryer sheets Join Date: Nov 2006 Posts: 1	Long Time Lurker Hi Guys, I'm a long time lurker and found this site via the RichDad site (which is rubbish BTW). Take a look at this thread about someone suggesting to borrow money on a credit card to purchase stocks! So that the student with no security can get 2500% returns in 4 months:- http://forum.richdad.com/forums/tm.a...mode=1&smode=1 My situation is that I'm 28, a business owner and saving between 50k a year for retirement. Generally I purchase individual stocks with reinvestment plans but (thanks to this site) will probably start purchasing some vanguard index funds.

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