Friday, April 21, 2017

Can One Make Credit Card Investments?

credit card transaction and a credit card cut into two

Dear Friend!
No. You should not make investments in stocks or mutual funds using the credit card.
  1. Any investment shall be made only out of own, surplus cash.
  2. Borrowed money shall never be used for making any investments.
  3. Credit card is a dangerous thing. It makes people indulge in unnecessary things and make them live beyond one’s means. It makes people indebted.
  4. It is best to avoid all kinds of borrowing.

Again to conclude, you should not make investments in mutual funds or stocks using the credit card. It is dangerous. Immediately destroy it.
Thank you,
With best Regards

Anand

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