Yes hippy, MASSIVE.
The biggest bet you will ever make.
And it's leveraged.
Is there any other way to take £20k and lever it 9:1? (That's what's happening when you make a 10% deposit and buy a house.)
You said "massive bet".
Are you talking about massive amount of risk or simply the size of the bet?
If it's the former then I still disagree. Leverage is something I do with pedal spanners..
You said "massive bet".
Are you talking about massive amount of risk or simply the size of the bet?
If it's the former then I still disagree. Leverage is something I do with pedal spanners..
#financialignoramous