Read? Insurance, Leverage, and Peace of mind.
This investment advice from Jeremy Grantham
If you borrow to invest, it will interfere with your survivability. Unleveraged portfolios cannot be stopped out, leveraged portfolios can. Leverage reduces the investor’s critical asset: patience.
Createwealth8888:
Two great attributes of an investor: Gut and Patience!
Swedbank’s Q1 profit rises more than expected helped by lower credit losses
-
Swedbank reported on Thursday a bigger rise than expected in first-quarter
net profit on the back of higher income, lower expenses and lower credit
impairm...
48 minutes ago
If Gut Plus Patience is combined with Leverage, then will become supreme investor .
ReplyDeleteThe problem with Leverage is there is always a time factor. So you may be right but you are timed out. No price for being right. In fact you may have to pay a "penalty".
ReplyDelete