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re: If you had $1 million what would you do with it?

Posted on 5/9/15 at 3:07 pm to
Posted by Patrick_Bateman
Member since Jan 2012
17823 posts
Posted on 5/9/15 at 3:07 pm to
quote:

Pay off some debt to clean up finances, maintain some debt.

That makes no sense to me.
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3817 posts
Posted on 5/9/15 at 7:22 pm to
quote:

quote:
Pay off some debt to clean up finances, maintain some debt.

That makes no sense to me.


Do you enjoy the teachings of the great Dave Ramsey?

It's quite simple. It's basically using your existing debt to leverage additional capital in the market. Same thing as margin investing.
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