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Originally Posted by Agamemnon
If you can borrow at 4%, and invest at 9%, it is THAT EASY. If you can't, you can't. Since I can, it makes a lot of sense. This isn't in 'fantasy-land' or 'dream-land' or 'young'un-land', this is in the real world.
Explain to me why borrowing at 4% and investing at 9% is wrong.
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Sign me up then. Who's gonna lend you money at 4% and better yet, who'll guarantee you 9% returns longterm?
This is a perfect example why you should think really hard before doing something stupid. You are a victim of coffee shop chatter hype. You have not done your homework. You are likely to hurt your finances more than help them.
But again, it's your bank's money, not mine........