If he is going to gamble, better go all in. I agree. Losing at trading? No worries, buy crypto on your credit card. Gamble like a champ!
I am sure anyone with a decent amount of net worth that has an established relationship with a relationship banker could get a revolving line of credit at a decent rate to do with it as they please. It would be secured by the assets you already have with the bank. That is hugely different than cold calling banks to ask for an unsecured loan to trade stocks. "We will run it by risk management" and then delete your number hoping you don't call back. If you call back it will just get escalated up and up until you stop calling.
That's a private bank style relationship - where they tailor collateral agreements for you. I would wager that's a 100MM+ relationship.
lol it's unreal this thread is even still going, let alone full of the various ideas & vehicles in which OP could use to reach his goal. borrowing on CCs? are you mofos crazy?!? what happened to ET?
If you were running a marathon and had a stone in your shoe in the first mile would you wait to mile 26 to take it out?
%% THAT; or a Community Bank Relationship. But Mr SoyuGandor was honest enough to mention it was for stocks /long term. Plenty of corporations get a revolving line of credit; how many stock traders get that, which is the question?? Of course anyone may get a passbook loan [secured by assets in that bank]. So cccc= character/ collateral/ /conditions /capacity to pay. Banks dont typically loan long term on stocks/LOL; but anything is possible. But stock brokers do that with margin calls/Fed regulated IBD says look @ both sides of the trade; since banks make money off interest +being paid back on time. WONDER why they dont like to loan on stocks generally: well they have looked a price data/charts also+ easy for stocks to be bad collateral.