1/29/2024 - TL;DW But I Read
"Why buy a house when you can Finance it for 1 or 2% while you invest the rest of that money in your business that could potentially get you 10 20 if not 30% returns."
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My favorite books:
15 Ways Jewish Billionaires Make Money With Debt
*Topic : Business
*Length : 34m 40s
*View : 115K
💰 Borrowing money effectively at a 2-3% above the inflation rate can lead to significant financial gains.
🏦 Borrowing money from the bank to invest in real estate can lead to significant profits and property appreciation.
💸 You can use debt to turn $100,000 into a few million dollars in real estate investment.
💰 Using debt to invest in real estate can lead to exponential growth in wealth and income.
📈 George Soros mastered the Foreign Exchange Market, borrowing currencies instead of stocks, and profited from Britain's recession in the 1990s.
💸 Soros borrowed and sold over $10 billion worth of pounds in one night, taking advantage of the potential collapse of the British pound.
💰 Soros shorted the pound and borrowed as many mortgage-back Securities as possible, hoping to buy them back at a lower price and make a profit.
📈 The GameStop Rebellion showed how retail investors can beat Wall Street at their own game, causing hedge funds to lose almost $13 billion in the process.
💰 "Why buy a house when you can Finance it for 1 or 2% while you invest the rest of that money in your business that could potentially get you 10 20 if not 30% returns."
Link:
Robert Kiyosaki's $1.2B Debt Explained By His Tax Advisor Tom Wheelwright
*Topic : Business
*Length : 19m 31s
*View : 252K