Boz
Boz
Joined: Sep 22, 2011
  • Threads: 136
  • Posts: 3482
May 19th, 2017 at 2:46:09 AM permalink
Quote: EddyFull

what's wrong with it? can you give me a lowest interest rate?



As a "wise" man once told me....."That's cheap for street money".
EddyFull
EddyFull
Joined: May 17, 2017
  • Threads: 1
  • Posts: 10
May 22nd, 2017 at 5:38:28 AM permalink
Quote: OnceDear

What happens when you lose that money?



I'll pay from my current BR.
billryan
billryan 
Joined: Nov 2, 2009
  • Threads: 52
  • Posts: 1904
May 22nd, 2017 at 7:09:02 AM permalink
What sort of collateral do you have?
If that's the best rate you can find, you must not have much history of borrowing money and paying it back.
It's what you do and not what you say If you're not part of the future then get out of the way
OnceDear
OnceDear
Joined: Jun 1, 2014
  • Threads: 26
  • Posts: 1781
May 22nd, 2017 at 8:05:22 AM permalink
Quote: EddyFull

I'll pay from my current BR.

now you are being silly. The loan is either none of your bankroll, part of your bankroll or all of your bankroll. If you propose to borrow the money but cover the loan with your existing br then your existing br is not available as br. So what's the point of getting the stupidly expensive loan?
Dammit. Why should anyone take this thread seriously?
Take both questions as rhetorical. I'm done here.
Embrace the Variance
beachbumbabs
Administrator
beachbumbabs
Joined: May 21, 2013
  • Threads: 76
  • Posts: 8973
May 22nd, 2017 at 10:00:47 AM permalink
Quote: EddyFull

I'll pay from my current BR.



This is EXACTLY how they set you up to pay forever. This kind of circular reasoning and unrealistic optimism.

Just say No. Really.
"If the house lost every hand, they wouldn't deal the game."
EddyFull
EddyFull
Joined: May 17, 2017
  • Threads: 1
  • Posts: 10
May 22nd, 2017 at 12:15:11 PM permalink
Quote: billryan

What sort of collateral do you have?
If that's the best rate you can find, you must not have much history of borrowing money and paying it back.

I don't have any collateral. I have 5-figure BR only. I never have a job. My history is 1 loan in my national currency for 4 years with 62% rate (it was a good decision 4 years ago). June 2017 will be the last month I need make a payment. This is reasons why I can't get good rate.

It does not matter how much your rate, if you can get more money than your % is it +EV. I can make 100% of my BR per month. But it's EV. If I get -1 std dev I don't earn anything.

So, it's intuitive +EV, but I don't trust my intuitive. I'm here ask you about formula.
sabre
sabre
Joined: Aug 16, 2010
  • Threads: 1
  • Posts: 524
May 22nd, 2017 at 12:30:40 PM permalink
What you say?
OnceDear
OnceDear
Joined: Jun 1, 2014
  • Threads: 26
  • Posts: 1781
May 22nd, 2017 at 1:26:51 PM permalink
Quote: EddyFull

I don't have any collateral. I have 5-figure BR only. I never have a job. My history is 1 loan in my national currency for 4 years with 62% rate (it was a good decision 4 years ago). June 2017 will be the last month I need make a payment. This is reasons why I can't get good rate.

It does not matter how much your rate, .... I can make 100% of my BR per month. But it's EV. If I get -1 std dev I don't earn anything.



Sorry I can't answer because I split my sides laughing.
Only two questions, . . Just to satisfy my curiosity:-
What is the nature of your Advantage play?
Is that 62% APR?

Eddy, You are either Brilliant, Crazy, or Trolling. Which do you think it is?
Embrace the Variance
EddyFull
EddyFull
Joined: May 17, 2017
  • Threads: 1
  • Posts: 10
May 22nd, 2017 at 1:50:58 PM permalink
Quote: OnceDear


What is the nature of your Advantage play?
Is that 62% APR?

Eddy, You are either Brilliant, Crazy, or Trolling. Which do you think it is?

Sorry, I don't want answer on your first question.

Yes, it's APR.

It's not trolling. If you think you're rirgt, please use numbers to proof it. Can you do it with math?
mamat
mamat
Joined: Jul 13, 2015
  • Threads: 3
  • Posts: 354
May 22nd, 2017 at 1:51:37 PM permalink
A loan is like infinite Kelly. Risk with zero bankroll.

  • Jump to: