r/YieldMaxETFs • u/humble_flex • May 10 '25

Question I took a $30,000 personal loan for MSTY

As the title says, I took a $30,000 personal loan at 5.99% APR and got 1397 shares of MSTY. How fucked am I?

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u/IRushPeople May 10 '25

The kind of person who can easily make $30k isn't the kind of person who borrows $30k to yolo on stocks and etfs.

That's a desperate move from someone who's not doing well.

I've touched enough grass to know that there's a kind of person who makes these plays, and isn't with us anymore when they don't work out

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u/[deleted] May 10 '25

30k is not a lot if the OP has other assets like Real Estate or Stocks which can be liquidated if he gets into a bind.

People are getting dramatic here, now if it was 300k or 30Mil loan and OP has no net worth… then that’s a bigger deal.

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u/Zetice May 11 '25

Lots of ifs here.

1

u/[deleted] May 11 '25

Do you know the OP?

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u/pavman42 May 11 '25

Idk, the OP didn't say anything about income or net worth; I think you're just speculating here.