Financial Leverage and Debt (The Backwards Way the Rich Get Richer)
The wealthy use financial leverage and debt to advance their wealth. Most of us understand debt as the a method for retail establishments to separate us from out money. But the wealthy use debt to leverage themselves into greater amounts of wealth and to avoid taxes. AJ breaks down the math on why it makes more financial sense to borrow money than to withdraw from investments.
The Wealthy Idiots Website:
https://www.wealthyidiots.com
Social Media:
https://www.facebook.com/wealthyidiots
https://twitter.com/WealthyIdiots
https://instagram.com/thewealthyidiots
Join Webull and get FREE STOCKS {Details in Link}: https://act.webull.com/promotion/invitation/share.html?inviteCode=YGUxWYdsbWwj
00:00 Introduction
01:28 Definition of "leverage"
03:10 Why do the wealthy take out debt?
05:27 Avoid taxes with leverage
06:05 Basic example of compounding interest
07:44 What happens when we try to reinvest?
09:40 What happens when we try to reinvest...but with leverage?
13:50 Conclusion
-
8:08
InspiredByAlex
1 year agoUnlocking Wealth: The Power of Financial Leverage
10 -
3:07
the REAL property expert
1 year agoUnderstanding the financial risk of using leverage in investing.
13 -
5:05
JasonHartman
3 years agoWhen to Use Debt To Build Wealth
28 -
1:03
RedpillUSAPatriots
1 year agoWe need leverage just like we had on the debt ceiling
1.41K1 -
10:46
EpicRealEstate
1 year agoHow Rich People Use Debt to Build Wealth
3 -
0:31
Foley1
1 year agoThe Shocking Truth About Debt/ How It Can Make You Rich
1 -
2:23
benjaminzmiller
1 year agoWhat is the best leverage for an investment?
1 -
1:22
MakeitOfficial17
1 year ago4 UNIQUE WAYS TO TURN DEBT INTO PROFITS
4 -
1:04
Mharr405
3 months agoHow to Leverage Debt
8 -
51:38
DecryptingCrypto
1 year agoHow To Use Debt To Create Wealth