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08-01-2014, 03:52 PM
For me, it is best to invest with my own money. Leverage is a see saw. It is not easy to keep it in balance. Besides i don't think i can sleep well at night. i try to go on the see saw in my younger days but fortunately my wife disagreed quite strongly.
Using OPM is indeed attractive but who can tell when the tide turns? (aka just job retrenchment will do us in). That's my wife main worry?
But if i am an active business man , of course i am just too please to use OPM if OP willing to lend it to me.
Using OPM is indeed attractive but who can tell when the tide turns? (aka just job retrenchment will do us in). That's my wife main worry?
But if i am an active business man , of course i am just too please to use OPM if OP willing to lend it to me.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.