Im thinking of borrowing tenthousand dollars to invest in blue chip stocks?? HELP?

One of the most successful investors of all time said "Invest in what you know." Since you don't even know what a blue chip stock is, a good investment is in an investment education. Try "Investing for Dummies" by Eric Tyson or books by Peter Lynch (the author of the quote) How much will it cost to borrow that money? 6%? 7%? Over the past 80 years or so, the stock market has earned around 10% to 11% per year. Most "investment experts" say the next 10 years will not be as good, maybe 6 to 8%. So after Taxes (about 3%) and after losing value to inflation (3% to 5% or even more per many "experts") and after the cost of borrowing the funds, you will NOT be making any money. Beginners should never invest with borrowed money.

Bad move. Don't borrow. If you have to invest do so with money you can afford to lose because in this market, the surest thing is you will lose it. Blue chips are fine but they can take a dive too. Debt is what has brought this country to it's knees. Don't participate. I've lost 22% on a can't lose investment over the past year. The stock market will blindside you.

ok, if you don't even know what "blue chip" means, then you definately don't know nearly enough to make this sort of investment.

I would no even consider it

This is a really bad idea. The best case scenerio you can really hope for is break even in the end when its all paid off. But in the mean time you run the risk of getting into financial trouble. Worst case scenerio your going to come out of it broke. A more profitable idea for you is to figure out what your payments would be for such a loan and instead of making loan payment, put them money into the stockmarket as you go along. Its tempting when you see things like Sun Microsystems jumping from $6 to $9 in one day. However, its just as likely to go the other way too, even blue chippers. Investing in shares is good. However, borrowing the money and hoping to make enough profits to cover the interest of a loan is a bad gamble and even if you win, the risk is much much higher than the odds on the gamble.

I would suggest investing money you have saved up, not borrowing. Lesson 1 is learning how to save and live within your means. Lesson 2 is learning how to invest wisely.

Invest in cow chip...the manure will burn clean...energy. The producing cow's..steaks And last but not least..Never borrow to invest..

Cad is forcast to gain 10% interest over the year.. so a forex switch on a long term position might be useful. Note though that you can leverage this investment by converting to Canadian Dollars.. then investing in Canada with the cad on a sound investment with return. Not only do you gain the forex adjust when you convert back to USD but you also gain on the investment. So it would be 10+perhaps 2 or 3% interest minimum. So if you can borrow at around prime this would be a very good hedge. You can contract people like William Ashley to help you invest.

People have done that before and lost their shirts. Who are you going to borrow the money from? It is possible to buy stocks on margin by putting up 50% of the purchase price though most if not all brokers. That would be one option for you. So you do not know what a blue chip stock is? Interestingly, most of the blue chips are not moving up so dramatically as the non-blue chip stocks. It seems people are preferring to buy more speculative stocks these days. Anyway here is a list of the bluest of the blue chip stocks. KO MCD NKE WMT BDX JNJ PG GOOG