/biz/ - Business & Finance

I'm thinking about taking out a 15k personal loan from the bank to use as leverage.
I can definitely afford this. In fact, I have about 9k in the bank right now -- the loan would provide more liquidity though.
I currently have 20k in Robinhood for additional context.

I've been using Robinhood gold for 1k for over a year, which has a 7.2% APR, and is profitable for me financially... My car loan, which was for 19k, had a 3.39% APR.

Even if I somehow gamble away the entire 15k loan in a week (which history shows I won't do), I'll still be financially safe.

Does anyone think this is a shitty idea? If so, why?
With the way that I'd set up the personal loan, there shouldn't be a risk of a margin call.

>>9018488
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH