travellight wrote:But they make loans based on 80% of the purchase price, no? Aren't you usually in for 20% these days?
market timer wrote:Writing a put has a different exposure from owning the ETF. A synthetic long (long a call, short a put) has a risk profile much closer to owning the underlying ETF, though not exact due to potential for early exercise of the call.
YDNAL wrote:What I think is this:
1. Spend time to increase earning power, thus increasing savings rate.
2. Rather than spend time in other endeavors - leveraged investments being one example.