RE:RE:Chefboy69There is a difference between good debt and bad debt. Taking on debt for Investment purposes is not bad debt.
Right now, buying GXE gives us a yield of 10%. So, if I borrow $50,000 at say 8% and buy GXE, I make $1000 clear a year and more importantly, reap a capital gain if and when I sell, if the share price goes up.
I am under the firm belief that the bottom will not drop out of the POO and it is now clear that the Saudis are gonna support the oil price.
Kherson