2min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

IFB279: New Investor Mistakes and How to Avoid Them

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

The Importance of Leverage

When you take any given day in the stock market, it's a complete zoo. You really don't know what could happen in any given day. The problem with leverage is that you're paying for the privilege of using it. Even besides the fact that you probably will blow yourself up, it is literally a ticking time bomb because you have to make interest payment on this leverage.

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