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this post was submitted on 16 Jun 2026
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I wasn't broke but my bank offered me a stupid personal loan at about 3% interest. I took the maximum allowed at $25,000 and invested it in SPY a little over a year ago. I have two more years to pay it back. I've just been paying the minimum.
Ok, what's spy?
Besides the obvious international intelligence gathering organization...
Oh sorry, it's an index fund that mirrors the S&P 500. It's the tech fund package. In Vanguard it's VOO.
Ah, ok that makes sense. Til
You might like the Smith Maneuver: