Investing with leverage: Am I thinking correctly? I have…
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Investing with leverage: Am I thinking correctly?
I have $5000. I'm looking to invest at 100:1 in US 500. I would like to place my investment and forget about it, so I'm willing to tolerate a 15% price fall, on the premise that it will eventually go back up (like what happened with the war on Iran, for example). Accordingly, I'm looking to invest 300\*100 = $30000.
Am I thinking straight? Would you have anything to correct?
#business
source
I have $5000. I'm looking to invest at 100:1 in US 500. I would like to place my investment and forget about it, so I'm willing to tolerate a 15% price fall, on the premise that it will eventually go back up (like what happened with the war on Iran, for example). Accordingly, I'm looking to invest 300\*100 = $30000.
Am I thinking straight? Would you have anything to correct?
#business
source
| 2,000 mlx | |
| 3 | |
| 0 |