Why don’t more people borrow to invest and increase their portfolio and wealth? 🤔

@prologic@twtxt.net because the downside of over-leveraging yourself is you lose your house.. or more.

@prologic@twtxt.net because it is gambling. Not everyone is into it.

@prologic@twtxt.net well, when you buy property you are obtaining something tangible, guaranteed. When you bet on the market (I am assuming that’s what you meant by investing), you are not guaranteed.

@prologic@twtxt.net There’s no guarantee you’ll increase your portofolio and wealth if you invest, much less if you borrow to invest.

@prologic@twtxt.net now you are trolling. LOL. Highest savings (or CDs) around here renders around 5%. No one is going to lend you money at that interest rate, or less, like, ever.

@prologic@twtxt.net Goldman Sachs, through Apple, is giving 4.4% on $100K (minimum). Four months rolling CDs in our bank are giving up to 5.10% on $50K, and up. Government treasure bills are around that, some a little less, some a little more.

The kick is, if you want to borrow money, all interests are super high (10%+). You can’t “borrow to invest ” in a savings account.