People do this all the time, and it works until you try to realize the gains and it all falls apart. There is a guy that was worth 2 billion that took out loans. He went bankrupt overnight when the loans were called in and selling his stocks caused a cascade. Literally went broke overnight.
And when we do it were called stupid or bad at money.
People do this all the time, and it works until you try to realize the gains and it all falls apart. There is a guy that was worth 2 billion that took out loans. He went bankrupt overnight when the loans were called in and selling his stocks caused a cascade. Literally went broke overnight.