Leverage

As an investor, it is very important to understand the principle of Leverage.

The word leverage means the ability to do more with less. 

People who only work hard have a limited amount of leverage. You are likely someone else’s leverage if you are only working hard for other people and are not getting ahead financially. 

If you have money sitting in a savings or retirement account in a bank, then someone else is using your money as leverage instead of YOU!! That simply has to change in the days and years to come. We all need to find ways to create income from assets we buy to supplement our earned ( job ) income. 

Wealthy people use debt to buy assets that put money in their pockets to increase their income. 

The poor and middle class use debt to buy liabilities that take money out of their pockets. 

Ask yourself: how are you using debt: is it increasing your income or increasing your expenses?

I can help you understand this concept further. Your questions and comments are always welcome.

Kind Regards,

John C. Heeney, CEO Glenroe Lending

Glenroe Farms Limited ( Private Lending )

We build LEGACY to create TRANQUILITY

john@glenroelending.ca

519 808 7370