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Strategies & Market Trends : John Pitera's Market Laboratory

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Hawkmoon

To: robert b furman who wrote (18740)	2/15/2017 1:10:54 AM
From: The Ox	2 Recommendations Read Replies (1) of 33421

Debt is a very useful option for many businesses and, depending on the circumstances, it can be necessary for individuals. If you borrow money and create or fund a business that makes a substantially larger yearly return with the added capital than it costs to service the debt, it makes a ton of sense. Similarly, if you get a mortgage on a home that was purchased at a discount or one that is in the right location before the area appreciates in value, then it's another "no brainer". Excessive debt, on the other hand, is what will ruin a company or an individual. "Stay out of debt" is a solid recommendation but it's always the proper choice, IMO. Limiting debt so that there is light at the end of the tunnel, so to speak, is always a great idea. Margin works great for day traders and is often a killer for those who don't know what they are doing or for those that haven't considered the true risks involved. As far as the rest is concerned, I agree with most of what you are suggesting!

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