Leverage-using someone elses money

You will hear me go on and on about how wonderful leverage is. In a meeting tonight with my personal broker, good friend and fellow Bitron distributor Patrick Britton of Global Securities we uncovered a wonderful thing.

Leverage is basiclly using someone elses money to invest and taking the profits for yourself. ( I know this isnt the real definition but I am writing only a few paragraphs and leverage can be the subject of an entire book). The basic concept of this strategy is that certain trust companies AGF for example are willing to lend someone $50,000 to invest.

You take the $50,000 and put it in an investment. Each month you are required to pay interest on the loan to AGF, which is currently about 6%. The investment however pays you a return of about 12%, thus giving you a spread of about 6%, which is your profit.

So as to not go into an economics lesson I am going to make a simple point, the cost of a basic Bitron franchise is $550. In the leverage program Patrick is offering the company pays you $550 in your first month even though you have not put out a dime. You now have a Bitron business for free and an investment working for you paying you $3000 a year!!! Now do you see why I love leverage. If you want more information just ask,

Cheers,

Chuck