The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt


Subject:  Debt -vs- Investment Date:  3/30/2000  11:31 AM
Author:  Meyer4 Number:  30762 of 312160

I am out of debt, at least I will be in a few months.
I have a chance to purchase stock with the company I work for. The company is set up to eather be bought or go IPO within the year. The company has stated this before a year ago. This time it looks more promising.
A lot of work is going into getting the paper on line but the product is still young and not proven.
$7,000 buys me 5,000 shares. I would have to borrow more than half the money to do this.
should I go in debt to take a chance on an IPO. A buy out is forcasted at $40 a share and an IPO at $20.

Please advise soon
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us