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Basic Capital offers a 401(k) and IRA platform with a unique financing strategy involving term financing, leverage, and private credit. The platform provides savers with $4 in leverage for every $1 saved, with the goal of generating low double-digit returns through a mix of traditional stock-market exposure and private credit investments.
“If you want to buy a house, you take a mortgage. If you want to buy a car, you take a car loan. If you want to go to school, you take a student loan,” Al-Asaad, who previously worked in leveraged finance at Goldman Sachs Group Inc., said in an interview. “Why isn’t there a mechanism for me to finance investments in the market?”
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