BNPL is nothing new, its just a new method of extending consumer credit. But there are things that we can take away from BNPL and apply into investing.
1. Credit is neither good nor bad, ultimately it depends on how credit is used. This applies both to our retail purchases and our investing purchases. Too much of any single thing will become a bad thing.
2. Don’t take on more credit than you can handle! Stick to leverage rules of thumbs.