GB wrote
On 24/10/2016 14:09, Simon Mason wrote:
On Monday, 24 October 2016 10:29:47 UTC+1, GB wrote:


So, you have in effect

borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.

Bought £50000 in BP shares on 14JUN16, sold them for £4.93 today. £19000
profit + £1000 divis = £20000.

https://pbs.twimg.com/media/CvWDhGUWEAArWYo.jpg


Tremendous. Well done. Nevertheless, the point about free money is not
right, as it ignores the investment risk.

The free money is about the cost of the money, not
the risk with what is done with that free money.

He clearly knows what he is doing risk wise.

Sure, he might get it wrong at times too, but that is
irrelevant to the cost of the money he uses to do that.