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May 2023 Mailbag: 100...And Two Hills

Rule Breaker Investing

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The Debt Ceiling and Leverage

Sam Becker writes, Tom is much less familiar to me than Bill Barker and Jason Moser. So I'll take that as a positive. Sam goes on. This is slightly more serious as a bankruptcy and finance lawyer. He says he would have emphasized that leverage can be a good thing if you can figure out how to pay it back. For example, an amortizing mortgage is different than a margin loan. So you can buy more stock. And so gentlemen, I think we can expect that Sam Becker is a very capital F foolish bankruptcy and finance attorney.

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