Borrow against assets to live off debt

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Just wondering if anyone here that’s not a billionaire or super rich is ACTUALLY using this method of leveraging loans agains owned assets to cover living expenses tax free.

Cheers !!!

In: Economics

6 Answers

Anonymous 0 Comments

This only works when the value of your assets grows faster than whatever interest you can get on those loans. You’re really not supposed to be doing this in perpetuity because it’s not sustainable. It’s just a good option for extra money on hand without closing positions you know will have better returns.

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