what is problem of such strategies# Stock
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Assume I have 300k and I need pay back mortgage.
What is the difference between these two strategies:
1. Do not pay mortgage, buy SPY with 300k
2. Pay 200k morgage, buy SPXL with 100k
What is the difference between these two strategies:
1. Do not pay mortgage, buy SPY with 300k
2. Pay 200k morgage, buy SPXL with 100k