I've been wondering a lot lately whether it is smart to use leverage with the MFI? If you can get 30% returns with the MFI, then why not turbo-charge your portfolio with leverage -- i.e., a margin loan. I have to admit that I've done a little of this the past year. However, I've also taken Joel's advice -- which he lays out in his earlier book "You Can Be A Stock Market Genius" -- and only taken a very moderate amount of margin out in my brokerage account. This can be dangerous if done at high levels.
Any thoughts on this?
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