6 Ways Rich People Make Money With Debt

Debt is considered to be a double-edged sword! This single tool can make you super rich but it can also make you broke overnight. In this video, we will show you how the rich use debt to make more money and how debt can be a powerful force propelling all your dreams and endeavors.

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DISCLAIMER: Retire Rich is not a financial advisor or broker. All the information, strategies, and tips shared on this channel are for educational purposes only and should not be considered as your financial advice.

[Amelia-Elizabeth]

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

[TheJackCain-]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[justice]

When you take loans, you still have to pay interest. Also, you still have to pay VAT when you buy stuff. That is also tax.

[jurgenheim]

The best video yet about how the superrich act financially.
Thank's for sharing

[elochukwuofoma]

Thank you for sharing. I feel blessed after watching this video.

[patilott]

Great way to look at things in a diferent way, I will keep watching this to "get it"

[daisymendez]

Wow I will review this over and over till I understand how to make money 💰 work for me. And pass on the word. Is there a book I could read on this too.? Please keep passing on your knowledge this would help and wake many people like me do research. Thanks

[PayelDey-dfgi]

David you r awesome....ur personality is too good...I like this

[babaiyermanispiritualandpo]

Whoever wants to be rich little bit ghadbhad ghotala cheat loot lies is a must in the world.

[mohibquadri]

Any book recommendations on this topic..

[sonali]

This video is really awesome, i really enjoyed this video, thanks for sharing us this wonderful video...

[kevinperkins]

These people were already rich. Can you imagine how much $1000.00 was in the 1800’s when rent was $3.00-$25.00 on average. If Rockafella daddy had $1000.00 for his son to gamble with…..THEY WERE NOT POOR….!….most people still don’t have that type of money to risk.

[aaliyanzahidofficial]

This is such a great video because it talks about how to use debt to become rich! Greatly explained and awesome video!

[therealfrankwhite]

Seems great if you already have a successful business or you manage to start one. What happens if your business flops that you took a loan out for though?

[jazzbado]

1000 dollars were a big figure at those times, it’s like now I borrow dollars from dad to start my business, if he owned it my poor old dad I would be a millionaire few years later.

[romeoudog]

❤❤❤❤❤❤❤❤❤❤❤❤.Thank you Almighty Great FATHER for making me a millionaire in Euro 💶 I am so grateful ❤❤❤❤❤

[ranjankapoor]

You never said how he makes the monthy payments for the debt

[LorenaG.Cresswell]

I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income

[udaypraveen]

When you borrow money, won't you have to pay interest..?

[babaiyermanispiritualandpo]

To become ZERO TO HERO always live and die in mission vision and actions immediately and permanently.