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re: Student loans

Posted on 3/6/12 at 3:28 pm to
Posted by Ash Williams
South of i-10
Member since May 2009
18166 posts
Posted on 3/6/12 at 3:28 pm to
quote:

My mom (no pics) wanted me to max out my Stafford and Perkins loans (deferred interst) and put that money in the stock market. After college when the interest started accruing I could cash out and pay them off or just make the payments as they came.



i was very tempted to do this several times but apparently its illegal to use student loans for this purpose

obviously it'd be hard to track, but i was too puss to chance it

it makes it worse that i may or may not have had some inside info on a smaller company's stock that has since gone up 6 times in value (split twice)
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