Quote:
Originally Posted by !LittleDragon
Take their downpayment, invest it.. use the dividends to rent a place... tell them you bought it. You'll have a place to live and a pile of cash.
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So you are suggesting the guy to lie to his parents? His parents intention is to give him the money and purchase a place not to invest in anything else. Is a pretty asshole move if you ask me.
Great way to break your parents' trust. It doesn't matter if you make more money investing those money is that fact that you had to lie to your parents to get the money.
Have you though about how his parents will react if they find out the said money is being invested eleswhere other than using it to purchase a place? What if the investment didn't go well and he ended up losing the money? How will he explain to his parents.