Imagine a husband going to his wife with a grand scheme to get his family out of the financial trouble theyre in. Out-of-control spending and too much debt has made a mess of their lives, and his wife has been asking him for years to scale down spending and cut back excesses. Unfortunately, thats never happened, and now, things are desperate.
Now, hes come up with a new plan, promising its a low-risk idea:
OK, Im going to borrow a bunch of money at a pretty low rate, he says. I know it sounds counterintuitive, but trust me, banks are giving away money right now at really cheap interest rates.
Im going to take that money and invest it in the financial markets you know, some tech stocks, some real-estate trusts, some hedge-fund invest…
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