I’m glad it worked out for your friend. But for every success story you hear about I think you’d probably admit there are hundreds of people where this sort of thing ends up bad. Right?
Of course the thing there is these people that leveraged and it didn’t turn out right for them will never brag about those scenarios. LOL.[/quote]
It’s part of the game…
Buying an asset, selling it higher…That’s all it is…Someone turns a buck by trying to buy something and tries to find someone else willing to pay more.
Kinda like a business. Build product that costs X, find someone that’s willing to pay X+Y for it…
