“To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insight, or inside information. What’s needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework.”
~ Warren Buffett
Using leverage to help reach your financial objectives
“Used wisely, leverage can help you reach your financial objectives. But you do want to make sure the idea fits your situation, and that you understand the entirety of the strategy, including what could be daunting levels of risk.
Certainly, you can cut a lot of wood in a short period of time with a chainsaw. Then again, nobody ever accidentally cut their foot off with a handsaw.”
Smart Money_ Using leverage to help reach your financial objectives – Alaska Highway News
Posted in All Columns, Investment Management, Risk Management