How Margin Borrowing Can Supercharge or Destroy Your Investments

Money Rehab with Nicole Lapin

Money News Network

Self-improvement, Education, Business

4.6 • 1.7K Ratings

🗓️ 6 May 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

With margin borrowing, you can give your investments a boost— but if you're not careful, you could also lose more than you gain. Nicole explains the concept, and whether it's a money move you should make. $ Take control of your finances by using a Chime checking account with features like no maintenance fees, fee-free overdraft up to $200, or getting paid up to two days early with direct deposit. Visit: http://chime.com/MNN $ Looking for the perfect holiday gift for your coworkers, friends, and everyone in between? Choose Nicole’s favorite wine, Justin. Get 20 percent off your order for a limited time with the code “MONEY20” at http://justinwine.com/ $ Ready to find a financial advisor that’s right for your financial goals? Get matched with a trusted, vetted financial advisor at: http://moneypickle.com/MNN All investment strategies involve risk of loss. The information shared in this podcast is for informational and entertainment purposes only. Listeners should do their own research and consult a financial advisor before making any investment decisions. See terms for additional details: https://moneynewsnetwork.com/terms/

Transcript

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0:00.0	When I'm not hosting this podcast, I am writing books, but it is really hard for me to write when I'm at home,
0:05.3	so I like to find remote cabins in the middle of nowhere to just hang out and write.
0:10.0	But I hate the idea of my house just sitting empty doing nothing but collecting dust and definitely not collecting checks.
0:16.6	And that's why I'm an Airbnb host. It's one of my all-time favorite side hustles.
0:21.0	Other popular side hustles are awesome too, don't get me wrong, but they often involve big startup costs. By hosting your space, you're monetizing what you already have access to. It doesn't get easier than that. And if you're new to the side hustle game and you're anxious about getting started,
0:34.3	don't worry because you're not in this alone. Airbnb makes it super easy to host. I mean if I could do it, you could do it.
0:40.6	And your home might be worth a lot more than you think.
0:42.8	Find out how much at Airbnb.com.
0:44.8	Host.
0:46.3	Did you know that some travel credit cards offer 10 x points on your spending?
0:50.0	Don't miss out on big rewards for your next trip.
0:52.4	Nurdwell it lets you compare smart travel credit cards
0:54.7	side by side curated by an expert team of finance nerds.
0:58.1	What could future you do with better travel rewards?
1:01.0	A free flight?
1:02.0	A room upgrade? Don't wait to make smart financial decisions.
1:05.6	Compare and find smarter credit, savings accounts, and more today at nerdwalled.com.
1:10.6	Reminder, credit is subject to lender approval and terms apply.
1:14.0	Nerd Wallet, finance smarter.
1:17.0	I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.
1:22.0	It's time for some money rehab. where you don't need a dictionary to understand.
1:23.0	It's time for some money rehab.
	...

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