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I mentioned it in my post.. a lot of financial people recommended taking loans to buy stock options. Also in some cases especially with public companies they g
by ben7799 7y ago
I mentioned it in my post.. a lot of financial people recommended taking loans to buy stock options.
Also in some cases especially with public companies they gifted you the options as income. That got marked as income even if the stock then tanked and you couldn't sell the stock for what the gifted value was.
There were various ways to get yourself screwed up.