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/biz/ - Business & Finance

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18825456 No.18825456 [Reply] [Original]

Im a student living in germany and I just found out that mommy Merkel is giving away zero interest loans for students because of coronavirus.

Basically you get a monthly payment of up to 650€ for a whole year, without having to pay any interest on it.

After the payment period ends, theres a waiting time lasting 18 months and then the repayment period starts.

You can choose if you pay back the loan all at once, or in rates down to 20€ per month.

I dont really need that money, but i thought of applying for it anyway and then buy stocks with it.

Is there literally no downside or am i a brainlet?

Of course i could lose that money if another crash happens, but I did think of buying MSCI World/EM ETFs, so I "only" lose that money if the world economy goes to shit, but if that happens there are other problems and i dont think the state gives a shit about a small loan of a few k Euros to some poor student in that case.

>> No.18825478

>>18825456
There's practically no downside desu. just buy options. Just make your shots count or pay big bucks back

>> No.18825494

>>18825456
no downside. You are not allowed to lose that money though, so only safe investments to be made off.

>> No.18825535

hey that's bamberg

>> No.18825667

>>18825456
omfg imagine being the seat

>> No.18826030

>>18825456
>>18825478
>>18825494
Absolute brainlet. This kind of thinking literally created the 1929 crash and depression that followed

>> No.18826057

>>18825456
it's free real estate

>> No.18826067

>>18825456
>I "only" lose that money if the world economy goes to shit

You do realize that the world economy going to shit is a near guarantee at this point?

>> No.18826194
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18826194

>>18826067
yeah. but i cant even invest that money all at once because i only get 650€ each month.

so i have to DCA or in my case ECA.

I will buy ETFs each month and therefore secure a relatively low average buy in price, if we crash again


>>18825667
pic related

>> No.18826202

>>18826067
fat chance

>> No.18826227
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18826227

>> No.18826259

>>18825456
I've done this before

>> No.18826296

>>18825456
1 thing of advice kid. Don’t buy options. And I’ll gift you a stock that will 2-3x.
CCL or CCUK. Do your own research on them on you will know when to sell

>> No.18826312

>>18826227
kek