MILLIONAIRE CAUGHT BORROWING MONEY

[ZClutch]

I always heard that millionaires go in debt on purpose but I think this is the best explanation I’ve got so far

[LeMan]

This Grandpa is the only finance YouTuber left that isn’t a dropship channel.

[xShrmsx]

Key takeaway: you have to already have a lot of money for this methodology to make sense. Going into debt when you can pay it all off whenever you want is very different from going into debt when you’re living paycheck to paycheck with minimal to no savings (60% of Americans)

[JKNinja-rqrj]

Only creator in the genre who actually gives good advice

[Popo-hior]

Buying debt only works in a low interest rate economy not when we’re in a recession.

[jaceg]

Paying 85% in interest for the first year on that mortgage

[smoozerish]

Bollox, I love that I bought my house with all my saved cash, so I am mortgage free and not paying all that interest. The security and peace of mind of owning my house outright is bliss.

[gordonstyles]

As a rich guy I agree, but if the market crashes, which it probably will do soon, not so good. I personally believe in eliminating all debt in your life, and taking it a bit slower; but SAFER. There’s a reason why Buffet has mostly cashed out.

[sipinosapa]

You think millionaires use their own money to become rich? No silly, they use somebody else’s money

[muhammadnumair]

I fiind it quite strange that some people especially the youth consider being rich bad. My nephew who is 8 once said to me he hates money I asked him why and he says he doesn't known it shows how much schools make worker ants instead of successful men and women.

[WildlifeUKNatureByGlenO]

When some people want to make money. They make clickbait videos.

[magicgoku]

So basically he is taking debt to take risk. No one guarantees that 10% SP500 return

[NathanLongacre-jocx]

This guy needs to do a debate with Dave Ramsey; I’d love to hear both of their points and how they respond to one another

[SinisterSkyler]

You don’t invest 80% of your money…you never gamble what you can’t afford to lose

[vipuls]

Love you Sir. I am a finance guy and you made finance so easy to understand

[EliasGPayne]

I did the math, lets say you have 500, 000$, you take 100, 000$ (20%) and get a morgage. Than you put the other 400, 000$ into a s&p500, it would take you roughy 3.5 years to match the average morgage for that price of house. Not bad

[arturof.]

Why doesn't the bank invest their money then, instead of lending it to you?

[AdTe]

Hey Mark, I'm early and have been meaning to ask, are you making a video on what to do now the stock market is in turmoil?

[favoursmith]

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

[danielmoore]

Man this guy is teaching me everything I wish I had understood with you dad told me about finances