We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Is paying pension waste of money
Comments
-
Post removed.0
-
Perelandra wrote: »Leverage works both ways.
Leverage is little more than black or red in a casino.
Or as the hedge funds found out in the late 90's. Even if you employ the best rocket scientists in the world to develop your trading programmes. You cannot legislate against the 0 coming up.
One thing to have a proper business plan. Take the time to find the right properties. Plan an exit. Another to jump in with no thought. Other than a view that property prices can only ever rise.
Understand finance, the economy, the debt crisis over the post war period, in particular from the early 70's. Then you might not feel so confident with leveraging up with debt at the current time.0 -
Thrugelmir wrote: »Understand finance, the economy, the debt crisis over the post war period, in particular from the early 70's. Then you might not feel so confident with leveraging up with debt at the current time.
I'm not advocating leveraging up with debt... quite the opposite (warning that it works both ways).0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards