William Boetcker on Leveraged Security

Posted by admin on Sunday, July 13, 2014

William J. H. Boetcker Money Quotation saying Borrowing security is eventually owed to another power. William J. H. Boetcker said:
William J. H. Boetcker You cannot establish sound security on borrowed money quote

“You cannot establish sound security on borrowed money” — William J. H. Boetcker


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William J. H. Boetcker is saying that true financial security cannot be built on debt or money that has been borrowed. His point is that depending on loans and credit to fund one’s security needs is unstable and risky, because there are obligations to repay the borrowed sums. One is vulnerable if unable to make payments.

However, if security is established through savings, investments and assets that have not been acquired through borrowing, then the security is on a sounder foundation that is not contingent on future ability to service debt.

Boetcker is advocating for financial security based on one’s own means rather than relying on money owed to others, which introduces uncertainty and potential insecurity if repayments cannot be sustained.

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