26 December, 2013

1-5-17 finance: Leverage

Instead of invest small amount of money and get a small profit margin, you borrow large amount of money, get bigger profits … and be rich fast. This is "Leverage"

Leverage is another good strategy to be rich fast, even much faster than compounding. But the difference from compounding that leverage magnifies losses as well as gains. If your investment fails, you will probably go to jail

_ "If you wanna play that game, play it very safe, study it very well, and treat it like you have stepped on a land mine that could explode at any time for the smallest mistake"_