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Taking out a loan against an asset to buy more of that asset sounds like a horrible financial move.
by googlryas 4y ago
Taking out a loan against an asset to buy more of that asset sounds like a horrible financial move.
- Apocryphon 4y agoYou can use your existing 1M shares as collateral
- googlryas 4y agoRight...use your shares in XYZ as collateral to take out a loan to buy more shares of XYZ. That sounds like horrible financial advice.
- Apocryphon 4y agoIn the grim future of the strawman, many such cases abound
- googlryas 4y agoStill not sure where the straw man was.
- Apocryphon 4y agoSsh. It’s okay. It can’t get to you now.