The friends tag has no wiki summary.
4
votes
2answers
333 views
Legal documents required for managing an investment portfolio among friends?
I am considering setting up a personal kind of hedge fund / stock portfolio among friends.
I am trying to figure out what kind of a legal agreement I should have them sign for investing with me to ...
1
vote
3answers
81 views
give free budgeting advice
Recently some of my friends (separately) asked if I could give them any specific advice or hints for managing their budget by looking at their earning and spending. Should I only dispense the standard ...
29
votes
8answers
3k views
Should I buy a house with a friend?
To give some background, I currently live with a couple of friends in a 3 bedroom apartment. The living arrangement is good however I'm tired of not building equity. I've tossed the idea out for two ...
7
votes
1answer
545 views
Borrowed money from a friend for my business, & can't pay it back. Got a lawyer's letter. What can happen?
I borrowed some money from a friend of mine for use in my business and I am not able to pay back to him now due to the bad business. Actually, he put the money into my business first and later decided ...
3
votes
1answer
115 views
loan taken on my friends name for someone else
My friend has taken out loan for his brother in law, and is a guaranteer for two other loans taken on his friend's name. Now he is not paying his EMI, and debt collectors are troubling us. Is there ...
7
votes
5answers
456 views
How to avoid friends' peer pressure to spend money on shopping & at restaurants?
How to avoid peer pressure from friends to spend money on shopping and at restaurants?
13
votes
10answers
3k views
Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely?
Hypothetical situation:
A dear friend or family member comes to you and asks you to co-sign for their loan. Let's say the reason they need the money is not a life-or-death type of situation. ...
7
votes
3answers
219 views
What are the pitfalls of loaning money to friends or family? Is there a right way to do it?
What are the pitfalls of loaning money to friends or family? Is there a right way to do it?
