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/biz/ - Business & Finance

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18995123 No.18995123 [Reply] [Original]

Can you used debt to make more money?

Is this possible?

>> No.18995159

What the fuck do you think margin is

>> No.18995170

>>18995159
That’s not debt brainlet. OP asked for smart anons only

>> No.18995187

>>18995170
Margin is debt retard. You have to pay interest and premium on it to use it. Kill yourself student shit.

>> No.18995204

>>18995170
>OP asked for smart anons only
then why are you here?

>> No.18995208

>>18995170
>being this retarded

>> No.18995242

>>18995123
yes you can but only but after 40%+ crash.

>> No.18995255

>>18995123
guh

>> No.18995331

>>18995123
The only correct answer is: sure you can, businesses do it all the time. If you make debt in order to bet on something as volatile as crypto though, you ought to have your head examined. You use gambling money, funny money, name it what you will for that. An excess that you have no problem with to either lose or make some extra profit with.

>> No.18995345
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18995345

>>18995123
yes, that's the entire point of debt

>> No.18995352

>>18995170
What fuck are you doing here then

>> No.18995364

>>18995123
Why do you think richfags don’t pay off their homes, even though they have the money to do so? Their rate of return from having that money in the market is higher than the rate the mortgage debt accrues. Many such cases!

>> No.18995401

>>18995123
OP if it's a debt to you,yes many many ways.

Tear off the coupon attached to the debt letter and send it back & use it as the remittance. Kek

>> No.18995443
File: 1.79 MB, 278x250, 1588961626533.gif [View same] [iqdb] [saucenao] [google]
18995443

>>18995170
Anon...

>> No.18995456

>>18995364
It's called a ELOC an equity line of credit. The can 50% from most asset @1%.

>Be billionaire
>Art/car/boat/stocks
>Get 50% back @ 1%

>> No.18995464

>>18995331
I was thinking of buying brk.b long term with 10k borrow from the bank at 3% interest rate.

would this be smart a strategy ? mind you, I have 10k of my own money to play with but i rather not use it.

>> No.18995473

>>18995456
>The can
Sry phone posting
You can take

>> No.18995484

>>18995123
I'm not smart but I'm posting anyway

>> No.18995494

>>18995170
>They all fell for it

>> No.18995500

>>18995123
The only reason you should ever have debt is to make more money. Any other use is coomsumerism

>> No.18995542

>>18995123
Yes, for poor people there's margin, which is basically just an unsecured loan. For rich people, hell fucking yes you can. Let's say you buy a mall for $50MN, you can then take out absurd loans against the property for cash at ridiculous rates. Your buildings tenants are paying you, plus you have all the liquid capital you leveraged against your property, none of which should be in your personal name but under an LLC so there's no longterm ramifications to you as a person if things go tits up.