Comment on Borrowing money against their stuff to get more stuff to borrow money...
WoodScientist@lemmy.world 1 week agoAll that matters is that your portfolio grows faster than the interest rate.
Comment on Borrowing money against their stuff to get more stuff to borrow money...
WoodScientist@lemmy.world 1 week agoAll that matters is that your portfolio grows faster than the interest rate.
merc@sh.itjust.works 1 week ago
That’s what success looks like. But, you don’t know if you’re going to be successful when you take out the loan. If there’s a market downturn you’re on the hook for the loan and your portfolio has crashed. If you sold a few stocks instead of taking out a loan, you’re insulated from that possibility.