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Re: Tr8dervic post# 5422

Monday, 11/19/2007 10:24:40 PM

Monday, November 19, 2007 10:24:40 PM

Post# of 13335
TR8-Thanks for putting that argument to bed. Leveraging debt to grow is common in business circles, but as you point out it's all in how wisely it's spent. A business associate went out and borrowed $6 mill to acquire some assets and start up a new company. He's currently generating about $250,000 a month in revs. His bank is pleased with his progress. The notion that you don't borrow more than you make is somewhat naive at best.

Par