I would advice not to borrow money to trade.
Successful entrepreneurs: Contrary to popular belief (and publicized through the media), when they use OPM or take out a loan, can actually support those loan through their other incomes... which they failed to explained to the public. It's amazing how they turned a business into a million dollar business or how they turned their investments into millions.
Here is the truth which they failed to explain and which a lot of people are consciously unaware. It's a frightening truth; not everyone is made to be rich and wealthy, someone has to do the labor/work. Not everyone are meant to be rich and wealthy (it's a kick in the nuts, I know). The system was not made for everyone to be rich and wealthy.
As much as they try to tell you that if you just do this and that, then you will be successful. Guess what, they lied to you... because for the fact that when someone win, someone has to lose. If the property investment book showed you how to accumulate even just 5 properties, not everyone will succeed because there is not enough supply. If you give everyone 5 properties so that "they can be rich enough not to work", the economy will fail, and there is no-one to rent the place because everyone has their own.
There is only one determining factor into wealth which they failed to explain and I'm going to express it vaguely:
An excess (excessive) amount of positive cashflow.
- Borrowing doesn't do you any good if you can't support and pay your loan.
- Borrowing becomes a great disadvantage to you if your debt is greater than 3x of your cash flow.
- Borrowing becomes a great disadvantage the longer you have it.
- Borrowing was designed to enslave you, to work all your life and at the end have little or nothing to show for it.
The only time you would use OPM is when you got all your legal papers organized. Meaning all your assets are secured, that when the business venture failed, the court can't take your assets away.