Monday, 27 February 2012

Playing The Game of Leverage (12) - Neither a lender nor a borrower be

Read? Insurance, Leverage, and Peace of mind.

This investment advice from Jeremy Grantham

If you borrow to invest, it will interfere with your survivability. Unleveraged portfolios cannot be stopped out, leveraged portfolios can. Leverage reduces the investor’s critical asset: patience.





Createwealth8888:

Two great attributes of an investor: Gut and Patience!



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2 comments:

  1. financialray27 February 2012 at 10:29:00 GMT+8

    If Gut Plus Patience is combined with Leverage, then will become supreme investor .

    ReplyDelete
  2. Anonymous27 February 2012 at 16:11:00 GMT+8

    The problem with Leverage is there is always a time factor. So you may be right but you are timed out. No price for being right. In fact you may have to pay a "penalty".

    ReplyDelete