well, on the subject of debt, I don't like it.
If you want leverage, learn to trade forex. Some forex brokers offer 400:1 leverage. That's bigger than anything you'd get with a bank or in real estate. You do need capital, but you won't owe anybody anything if your investments go south, you'll just be out the money. Now, I'm not recommending 400:1 as the optimal leverage, just saying, it is a much better way of getting leverage in my opinion.
Be patient and make money with your leverage, then use it to buy the things you would've gone into debt for. now you have compound interest working for you, instead of against you.
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