One has $200K investing capital to invest, but not enough to invest on an asset of $1M. One becomes greedy and want a multi-bagger ROC (return on $200K capital). This can only be achieved by taking excessive risks, through leveraging (i.e. borrowing several times of one's initial investing capital of $200K).
If one is overly greedy and is leveraged more than 10, 20 or 30 times their annual earning, (30 times is maddness) and thinking one has control over future earning like a man who has plenty of drinks and still thinking that he has control over his driving.
How Much Do You Need to Retire in Singapore?
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Planning for retirement is about making sure your future self can live
comfortably, on your own terms. Here’s how to calculate your retirement
needs, ste...
3 hours ago
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