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rafiqhidayat
Can you borrow money from the bank to trade forex?
em
Geral
Jan 01, 2012 at 10:35
If you can take a personal loan with an interest rate of 4% / annum, would you still do it?I.e. taking a USD 30,000 personal loan at 4% / annum, and repay in within 36 months, you would pay USD 1,200 on interest on a yearly basis or USD 3,600 for the whole term. It's still lower than credit card interest, and if you're a trader worth your salt, you should be able to at least at a minimum earn 10% equity growth on a monthly basis. Just saying.
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