Dare to leverage yourself

Leverage lending means borrowing money, often writing off the interest based on what the funds are used for, and then investing in something that we feel will give us a higher return than the amount we’re paying in interest on the borrowed funds.

When most people think about leverage lending, they imagine taking out a margin loan on their stock portfolio to buy more stock. While this is one method, I would caution you greatly not to do that, even now.

Put simply, it’s taking on more debt — and you should always be careful when you consider going deeper into the red.

That said, wealthy people always have debt in their portfolios and are always on the lookout for opportunities to either invest, purchase or transfer funds from investment to investment to build wealth.

I know a lot of readers would like me to condone borrowing to invest in the stock market, especially since it’s down so low.

Unfortunately, I can’t. While I’m confident it will turn and go high, I can’t predict when this will happen, and there are no real assurances it actually will — yet!

I would prefer you invest in something a little more tangible, such as real estate, an investment property or maybe yourself.

Yes, you! Use this new low-rate environment to help fund your dreams, whatever they are.

Entrepreneurs are always looking for a unique situation to give them an edge. This “new normal” could be it, an opportunity that may only come around once in a lifetime.

Successful people fill their minds with all the ways to get what they want. Sometimes all it takes is a concerted effort to let go of negativity and improve your situation.

Believe you can. Leverage yourself and your dreams to do so. Like yourself for making a change and disregard the inevitable setbacks and obstacles that you’ll have to overcome in your journey.

Just make a difference. All that’s required is that you shift your mind toward believing you can.