By Lucian Miers | Tuesday 28 July 2015
Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
You have eighty grand in the bank yielding less than one percent. You don’t really need the cash anytime soon but even so you go out and borrow forty grand at around 4% When that loan falls due you go out looking to borrow more money at 10% to pay it back and have some more for a rainy day.
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