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If you take out a loan on illiquid asset like RSU then your bank is the one taking advantage of you. Like the housing crises where banks gave out mortgages to p
by yoav 4y ago
If you take out a loan on illiquid asset like RSU then your bank is the one taking advantage of you. Like the housing crises where banks gave out mortgages to people that couldn’t afford it and everything collapsed.
Gambling your house on the success of a single company is wildly irresponsible.
- ianbutler 4y agoI'm not sure how to respond to this. I don't have or do any of these things and I'm not the person who would need to hear this. I do agree with your thoughts, I just still feel bad for the people who have done this, and I know about from reading about it.