[quote=livinincali]It always amazes me that everybody thinks they can win the leverage arbitrage game. Don’t worry I’m going to borrow at 3% and make 7-8%. While some have proven to be successful at this, and usually cash in big with a book or a seminar, the math says that for every winner at this game they has to be a loser. In most cases there’s a couple big winners and a lot of losers wondering what went wrong.[/quote]
Funny. I just saw it online at a different link. I figured someone would have posted about it here at Piggington and I was right. I totally agree with you livinincali. It will be interesting to see the availability of these and if they become main mainstream amongst the affluent here in California.
Flu, do you know which institutions are offering this besides BOK Financial, Citi Private and BNY Mellon? The article makes it sound like several institutions are offering this product.
