How to Use Debt to Fuel Your Investments - NewsBreak

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By Merima in Business
Updated 2 years ago

Borrowing at a low, predictable rate can grow your balance sheet. Using debt responsibly can amplify your investments over time. U.S. citizens have $15 trillion in household debt. Within this astronomical number, there are both good and bad loans. When people borrow and spend the money on something that won't appreciate in value (often with no other choice), they've taken on bad debt. But when it's used to invest in something that appreciates more than its borrowing costs, debt can be a good thing.

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