))
Episode 403 - 5 Ways Rich people make money with debt - The 30 percent rule
Manage episode 481700981 series 3661101
Content provided by A.I. Roberts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by A.I. Roberts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
The source challenges the notion that all debt is bad, presenting a perspective where debt can be a powerful tool for generating wealth, particularly for those who understand how to utilise it effectively. It outlines several strategies employed by affluent individuals and entities, such as using debt in international trade, refinancing real estate investments to create equity and income while reducing taxes, and employing short selling tactics within hedge funds to profit from declining stock prices. Furthermore, the source touches upon leveraging debt in the Forex market and emphasises the importance of building a strong credit score to secure favourable loan terms. While acknowledging the risks of high-interest debt, the overall argument is that strategic borrowing can be instrumental in capital accumulation.
Source :
Proactive Thinker
YouTube Channel
403 episodes
Share
