Buy low, ad value, borrow high and sell never.

Most of this makes sense especially taking loans against unrealized gains but cash flow from investments are taxable.

@BillionMagazine What happens when you die and then saddle your children with the debt leaving the banks to have everything repossessed or confiscated?!? What a stupid idea!!

That’s a fair concern but perhaps you misunderstood. A decreasing term life insurance policy covers the outstanding balance on death, while the assets’ rental income handles the monthly payments. The advice focuses on leaving income producing assets, not burdensome liabilities. Done right, the debt is cleared and the assets pass to heirs debt free inside of the right trust. This is a classic leveraged wealth building strategy, often called “Buy, Borrow, Die.” Look it up. 🙂

This is how crypto bros die, and die again and again. Sometimes they even lose a kidney 😆

This does not constitute legal, tax or investment advice so always consult qualified tax and legal professionals for your situation.

Iron fire in Utah

Firstly, are you AI-generated? Secondly, why doesn't our education systems teach critical thinking or money management? It feels only those fortunate to have parents who take on the role of an educator receive true wealth. You've officially become my new financial mentor. Thx

"We enjoy the process far more than the proceeds."