如果 10 万可以投资 20 万呢？
Two identical investors, one using only their own money and one using an investment loan, thirty years on.
Wallace Wang · Updated 2026-09-14
This chapter is an outline for now. The book is written in public: the full text, stories and cases will be added to this page, at this same address.
I introduce the investment loan through a story rather than a product description: two people with the same income, age and starting assets. One invests only their own money; the other, where risk tolerance, cash flow and time horizon genuinely fit, uses an investment loan. Then I run the clock to 10, 20 and 30 years to show what capital size multiplied by time does.
I give the other side equal weight: market declines, interest costs and cash-flow pressure are magnified too.
这一章我正式讲 Investment Loan（投资贷款）。但我不想把它写成产品介绍，而是讲两个人的故事。
两个人：相同收入、相同年龄、相同初始资产。
然后我会把时间拉到 10 年、20 年、30 年，让你看到 资本规模 × 时间 发生了什么。
同时，我必须把另一面讲清楚：市场下跌、利息成本和现金流压力，也会被同样放大。
Borrowing to invest involves risk, including the risk that the value of your investment falls while the loan remains payable in full. This page describes how these arrangements work in general and is not a recommendation to borrow or an offer of credit. Suitability depends on individual circumstances.