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My best relative asked me to borrow money to do business. Should I borrow it? (Are people who borrow money to do business reliable? )
If there is, of course, borrow it. He is your best relative! You won't lend it to him, to whom or to me.

I'm lending 50,000 yuan now, but others have lost money in business and haven't paid me back yet. It's been almost eight years, and there's nothing in the world that won't lose money.

It is easier to lend money than to pay it back, and the best relatives are no exception. If you don't borrow much money, it's hard to refuse. Can you help or help? However, it should also be treated differently, and the specific situation should be analyzed in detail, especially those with leverage in business, such as futures trading, precious metal deferral, stock margin financing and securities lending, etc. Once the direction is reversed, they may face forced liquidation, losing all their money and even losing money! In 2005, the US crude oil contract was negatively settled, which not only lost the original price, but also paid a deposit of $37.5 per barrel!

Therefore, it is recommended not to borrow money to do leveraged business. Also advise to do leveraged business to control risks and not borrow money to do business! Avoid debt due to operation failure!

Within your ability, you must borrow it. Since they are the best relatives, it doesn't matter if they don't pay back the money. Family ties are greater than money.

If you don't lend it, it will become your enemy.

Hello! I'm Xiao Di. I want to express my views on this issue. I hope it works for you. Please watch the video. Thank you!

I will do my best to help.

Borrowing money, this topic, everyone has different ways to deal with, because everyone's environment and the relationship around them will have different answers.

According to the experience in life, we know that borrowing money will make the previous relationship worse than before, but there will also be cases where borrowing money will make the relationship closer.

If it is your best relative who borrows money from you to do business. If you have money and he is really reliable in business, then I think you should lend it to him, which will help him, but he will be better for you and him. If he is really suitable for business, and this business is really good, but you have no money, then help him according to your financial strength. If you have money, but he is not suitable for business, or this business is not suitable at all, you would rather offend him than lend him money, which is good for you and him.

This is why borrowing money can only vary from person to person, depending on the situation, and can't give you a specific answer.

I try my best to help you.

The original intention of doing business is to make money, so we should borrow money from banks, even mortgage loans. Borrowing money from private people means paying back the money without paying interest. To put it bluntly, I still want to take advantage.

Don't borrow, a little hard to say, hurt spirit, lose face. If you borrow it, you will suffer. Who would save ready-made money just to lend it to others? If you have no money, you have to take it from the bank, which delays the interest. Besides, if it is lent out, can he return it on time? After a long time, you have to take it, or you will turn your face.

On second thought, since we are relatives, I'd better lend him some. With my own economic strength, I can still be better, and I can't afford it or feel bad. It's worth the money I gave him.