Financial leverage is borrowing to grow, and trading on equity means hoping your profits outrun the debt's cost—your example would show earnings per share rising if all goes well at that 12 percent rate. But debt is a heavy *kyrduh*; that interest is a fixed leak from your cash, rain or shine. My own loom repairs wait because the bank’s *sngi* comes each month, and I’ve seen more star-gazing texts from my daughter than business stars from my last small loan.
#money#career
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