Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

Go Back   Calgarypuck Forums - The Unofficial Calgary Flames Fan Community > Main Forums > The Off Topic Forum > Agile Wealth Management

Notices

Reply
 
Thread Tools Search this Thread
Old 04-29-2021, 02:12 PM   #21
MoneyGuy
Franchise Player
 
MoneyGuy's Avatar
 
Join Date: May 2006
Exp:
Default

I’m a retired financial advisor. I don’t want to horn in on Slava’s thread but will mention that my wife and I are heavily leveraged. It’s right for me but may not be for you or, I would say, for the average person. I used to ask several standard questions to determine suitability when clients asked about leveraging. It’s great when your portfolio is doing well but it’s a tough test when the market turns. I have a high risk tolerance and have been leveraged for 20 years. Best to sit down with someone like Slava to discuss; he’ll be able to assess suitability. I’ll add that dealers are much more strict about leveraging than they were years ago, and won’t allow it in some cases if they don’t feel it’s suitable.

Last edited by MoneyGuy; 04-29-2021 at 02:15 PM.
MoneyGuy is offline   Reply With Quote
The Following 2 Users Say Thank You to MoneyGuy For This Useful Post:
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -6. The time now is 07:44 AM.

Calgary Flames
2019-20




Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Copyright Calgarypuck 2021