Young Investors Borrow to Invest Like the Ultra-Rich

A long time ago, two smart people wrote a book saying young investors should borrow money to buy stocks.

This is called lifecycle investing.

Back then, it was hard to do this because borrowing money was expensive.

But now, it's easier because of companies like Interactive Brokers that offer cheap loans.

A young investor named Mr. Street does this.

He borrows money in different currencies to buy stocks from all over the world.

He believes that over time, the stock market will give him more money than the interest he pays on his loans.

Lots of people are doing this now, and the total amount of money borrowed for investing has reached a record high.

But regulators are worried because if the stock market goes down, these investors could lose a lot of money quickly.