Investment leverage, simply put, is borrowing to invest. That means, it is using someone else’s money to achieve your investment goals. Whether you know it or not, you may have already taken advantage of this strategy. For example, if you have had a mortgage, a student loan or an RRSP loan, you have used someone else’s money to achieve your goal of home ownership, higher education or a more comfortable retirement.
Now, it is probably easy for you to see how a mortgage can help you achieve the goal of home ownership. However, it may be less clear how taking out a loan to buy an investment can help you achieve the goal of greater wealth.
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