RE:ThoughtsI did that about 2 years ago. My house was paid off and I work for a bank so get a lower than normal interest rate. Borrowed 170K and bought Berkshire Hathaway stock. So far up 5 times the interest cost of the loan. The interest is also deductible as a carrying charge. Bought Enbridge with my RRSP money and am doing well with that. As long as you have a horizon of 5-10 years or more you should do very well. You do not want to be in the position of having to sell. Like during the spring covid market drop.
I sleep well and am getting a 1500 dividend from ENB Dec 2nd.
Will likely buy some more ENB in my TFSA in January.
Life is good.
Good luck to you.
Remember the 5-10 year or more time line.
Regards,
WBB