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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: Mark   😊 😞
Number: of 15062 
Subject: Re: up enough
Date: 08/15/2024 6:15 PM
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No. of Recommendations: 3
I’m not innocent when it comes to leverage. I hold mortgages in order to buy more stocks, most recently via 30 year fixed at 2.875%.

Early on when Apple started paying a dividend, it yielded something over 2.25%. I know someone who mortgaged his house using an I/O loan at 2.5% or so and put it all into Apple and used the dividend to cover the interest payments. A few years later, the stock had more than doubled, likely more than tripled, and it turned into a terrific investment. By the time he had to pay off the principal (5 years maybe?), the stock was worth a few multiples of the loan!
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