Are business leverages very dangerous and disastrous to the business owners and management?
I don't think so. The fallout from failed business leverages will cause companies to go bankrupt and are limited to the shareholders' fund. The impact to the company is Management and Staff are to find new job elsewhere.
But, fallout from failed Personal Leverages may go beyond your personal bankruptcy and may cause severe financial and psychological damages beyond yourself and can be extended to your family and your next-of-kins.
So beware! Leverage is a double-edged sword! And don't always think that you are so smart in using OPM (Other People Money).
You can ask around. How many people will believe that they could be striked by Lightning?
Yet, when you read the newspapers, cases of people struck by lightning is not that uncommon hor.
Singapore Dividends for Financial Freedom – Dividends for June 2019 - June was a bumper month for dividends that’s for sure. Being a blog that circumnavigates the area of all things dividend, I though I’d share a few details ...
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