/biz/ - Business & Finance

>>18645035
>Leveraged investing is a technique that seeks higher investment profits by using borrowed money. These profits come from the difference between the investment returns on the borrowed capital and the cost of the associated interest. Leveraged investing exposes an investor to higher risk.

I believe it's aggressively leveraged, especially for their age. They should have been in a much less risky position - like their asshole son in law who sat in bonds since November and bought the dip (albeit not perfectly)