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02-19-2021, 06:22 PM
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Sage
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Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 15,117
Thanks: 7,601
Thanked 6,251 Times in 3,223 Posts
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Quote:
Originally Posted by Jayhawk
Anybody at our age who doesn't understand leverage doesn't know how to manage money.
1.
use borrowed capital for (an investment), expecting the profits made to be greater than the interest payable.
2.
use (something) to maximum advantage.
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I don’t need it.
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