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Old 11-04-2005, 11:17 AM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Scottsdale, Arizona
Posts: 224
Default Re: Borrowing money from family to invest..

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I have very little investment knowledge, but I have much of my money in growth and aggressive growth mutual funds.

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This is a pending disaster. It doesn't matter what interest rate you pay, what you need to think about is how do you handle a year in which your investments are down 30-40%. This happens occasionally with "aggressive growth" type funds.

If your sister was truly risk averse, she wouldn't let you touch her money with a ten foot pole.
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