Borrowing money to make money is fine as long as that investment...

Borrowing money to make money is fine as long as that investment vehicle is relatively low risk. i.e. property at a reasonable price, businesses at a reasonable p/e, and even stocks in this environment that are sustainable.

I have never borrowed a cent to buy stocks and sold 70% of my folio last year in anticipation of a large decline in the stockmarket...

Cashed up now and ready to pick them up off the floor...but it ain't that easy!

Last month I was thinking "1 more panic sell and I'm in", but is this the bottom??? I think it is close, but who knows???

Final thought is that I am soooooo glad that I never used margin lending to leverage my shares. I can handle losing value in shares that I hold, but to lose the lot from leveraging would be devastating!