/biz/ - Business & Finance

>>54962504
couln't be more true

>>30392077
You can leverage 50,000 debt out of a 7 figure portfolio.

Let's say you have 1,000,000 USD.

You want to invest in a speculative asset. Instead of using your actual money. You just get a loan for 50,000.

Because 50,000 is nothing, you basically 50,000 for FREE

You are using your existing wealth to leverage smaller debt.

The worst that can happen is that your investment goes sour, and at the very worst it goes to 0 meaning you end up with a 950,000 portfolio. But in the long run this doesn't really matter because it's still a lot of money.

However the potential gains you can end up with offset the bad. Let's say for example that your investment goes from 50k to 100k. That means your total portfolio is now 1,050,000 after paying off the debt.

This means you used your existing wealth to leverage debt into growing your portfolio. The potential gains offset the potential losses because of your wealth.

This is different for someone with a smaller portfolio. To take 50k USD of debt with a zero dollar portfolio (which is ironically what I did when starting) is a big risk. If it goes to zero I would have had to wage for a long time to pay it off. But luckily for me I invested in Chainlink, it mooned, then converted it to BTC, which also mooned. I also invested in Fantom at 30c and a few other shit coins.

When will you fags learn that it's not the color of your ID, but the friends we made along the way?

>>28720117
Got it, diving in deeper and thinking of making some actual videos showing this shit to normies. How it all works etc.

Hi frens, what's the next 50x shitcoin?