A guy called KK loves to use OPM - using rental income paid by tenants to cover his property.
On second thought, I agree with him, and actually I have been this concept of OPM without knowing it - Pillow Stocks Strategy.
Pillow Stocks Strategy is zero-cost to me i.e. no capital outlay from me. It is OPM in the market to generate further returns if any.
Similarly, for business owners doing IPO - They are also using the concept of OPM when the business owners recover part or all their capital and continue the game with OPM.
The only difference is that my OPM concept is without leverage. Cheers!
Read? Payback period
Tencent bounces back: What to know about China’s tech giant
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About Tencent (SGX: HTCD): A Global Leader in Digital Services Established
in 1998, Tencent has become one of the most recognised companies in China
and ...
4 hours ago
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