Leverage

Leverage

“You have to erect a fence and say “OK, scale this.”” – Linda Ronstadt

Leverage means borrowing, which involves using other people’s money to control a big chunk of assets. It’s a superb strategy for becoming wealthy as long as you don’t get over committed. You can seldom go wrong borrowing money to acquire quality assets as long as you are the one deciding when to sell and not your bank.

This entry was posted in . Bookmark the permalink.
Loading Facebook Comments ...