Wednesday, February 20 2013
Scott Francis has just published his latest article in the Eureka Report looking at the topic of gearing - Gearing up: It's all in the timing.
The article provides some food for thought for those contemplating a gearing strategy to build wealth. With interest rates at historical lows it might be an interesting time to implement such a strategy for those who have a very aggressive risk profile.
However, as Scott points out at the conclusion of the article, there are some serious considerations to take on board before jumping in such as the market timing "bet" you would be making and the decision not to hold cash or fixed interest assets that would be involved when using debt.
Well worth a read.
Regards,
Scott