Poll: leveraging

Discussion in 'Markets & Economies' started by mmm....shiney!, Jul 29, 2020.

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Is leveraging the chance of financial freedom?

  1. Yes

    11 vote(s)
    55.0%
  2. No

    9 vote(s)
    45.0%
  1. precious roar

    precious roar Active Member

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    As most things in life, timing is everything.
     
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Money makes money.
     
  3. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Leverage loan interest is tax deductible.
    • If you pay $50,000 in income tax you could borrow up to $900,000 to offset your income tax for effective zero income tax
    Capital loss on shares can be offset against capital gain

    Simple really
     
  4. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Leverage is taking on debt in order to amplify an expected financial outcome.
    Leverage also comes in many forms, some productive and some non-productive.
     
    mmm....shiney! likes this.
  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Anyone that pays 50k in taxes needs better accountants.
     

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