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re: What kind of idiot trades on margin?
Posted on 2/6/18 at 7:46 pm to YoungManOldMan
Posted on 2/6/18 at 7:46 pm to YoungManOldMan
same kind of idiots who buy expensive cars with loans. Why would anyone buy more car than needed with borrowed money? same goes for houses, vacations, on and on..."I've seen more people fail because of liquor and leverage—leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing." warren buffett
This post was edited on 2/6/18 at 7:55 pm
1
Posted on 2/6/18 at 8:55 pm to stonerolledaway
quote:
You really don't need leverage in this world much.
you think it is bad using leverage in RE?
if you say yes.............
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