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How The Rich Use Debt To Get Richer (And You Can Too)⎥Ep. 2244
Episode 2244
Published 4 months, 1 week ago
Description
Most people are taught that debt is bad. But Ed and Andrew explain why the right kind of debt can actually make you wealthy – if you know how to use it. From poor-kid lessons to multi-million-dollar portfolios, they break down how the rich use leverage to grow their assets (and how you can too).
You’ll learn:
- The key difference between good debt and bad debt
- Why the rich use debt to buy appreciating assets — not liabilities
- The two biggest risks that can destroy your portfolio if you get it wrong
Ed and Andrew also share how they overcame their fear of borrowing, why inflation secretly helps investors, and how to get comfortable using debt to grow your wealth.
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