Thread regarding Qualcomm Inc. layoffs

Take home equity loans now

While you still have a job for the next few weeks.

I just started, going to take $200k out and invest it in tech stocks. Figure I can just live off that for a long time.

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Post ID: @OP+SOCnQbE

5 replies (most recent on top)

AMZN 3k by Friday. Tech stocks only go up. Pray for calls to Goldman trading desk. Moar buybacks pls. P/E will never dip below 70 going forward

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Post ID: @1mal+SOCnQbE

Bad idea. Instead open a Home Equity Line of Credit. It will cost the same in closing costs. Then only draw from the Line of credit as a last resort.

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Post ID: @1wsb+SOCnQbE

Really bad idea... Apparently the OP hasn't been able to save up living expenses for 6+ months. So, he compounds his screwup by taking equity out of his house, which isn't horrible by itself, but he then invests it in tech stocks for money to be used to live on short-term.

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Post ID: @1lxz+SOCnQbE

In fy18 the stock market is doing pretty doing so far

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Post ID: @xrh+SOCnQbE

Fang-tastic! Momo 4 lyfe. Nasdaq 10k by xmas. Netflix will be 900

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Post ID: @lew+SOCnQbE

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