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Updated over 9 years ago on . Most recent reply

Matthew Holman's profile image
Matthew Holman's profile image
Matthew Holman
  • Engineer
  • from Rockwood, Tennessee
  • Member since Oct 5, 2015
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Matthew Holman's profile image
Matthew Holman's profile image
Matthew Holman
  • Engineer
  • from Rockwood, Tennessee
  • Member since Oct 5, 2015
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Matthew Holman
  • Engineer
  • Rockwood, TN
5
Votes |
30
Posts
Starting Out

leverage

Matthew Holman
  • Engineer
  • Rockwood, TN
Posted

I'm new to this site, this is probably a stupid question, but i keep reading about leverage, what is leverage?

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Rahul Bura's profile image
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Rahul Bura
  • from Ottawa, Ontario
  • Member since Oct 11, 2015
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Rahul Bura's profile image
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Rahul Bura
  • from Ottawa, Ontario
  • Member since Oct 11, 2015
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Rahul Bura
  • Ottawa, Ontario
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Rahul Bura
  • Ottawa, Ontario
Replied

Welcome @Matthew Holman! Leverage in general is to 'make use of'/'Take advantage of' and in the context of investing, a phrase you might hear is  "leverage OPM" - means you're leveraging Other People's Money (OPM). i.e: You're taking advantage of funds that are not your own, to work for you.

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