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@nischa.me: @ nischa.me wants to remind you that not all debt is bad. Use it as LEVERAGE Follow @nischa.me to learn more money tips #accountant #money #PersonalFinance #billionaire
Nischa
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Region: PT
Thursday 14 September 2023 19:00:00 GMT
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Comments
Quackers :
Missing an important point, they borrow against their investments as that way they don't have to sell and be hit with a big tax bill
2023-09-14 23:34:31
1233
tim wood128 :
Tax is more expensive than interest
2023-09-14 23:16:33
920
watching.you101 :
its to lower tax bill
2023-09-14 20:58:07
573
REZ :
Its because they get enough interest from their investments that they can have have cash injection tax free without lowering their wealth
2023-09-15 09:43:13
41
chrisconcoco Gen❌️ :
Gosh you are beautiful. 😳 - Debt costs no tax.
2023-09-14 19:54:58
4
sababowlingz :
What about interest?!
2023-09-14 21:46:19
11
ManOfThaHouse :
They use Lombard loans, it’s a different ball game.
2023-09-15 08:01:28
1
MD :
What can we do on a smaller scale but same principle? What debt could we leverage as benefit?
2023-09-14 20:03:33
5
Bupe Bwalya :
In Zambia we Just buy a house and own it,In Zambia we only pay a small amount of Land Tax after a Year or two. no need to go into debt for a house😅
2023-09-17 09:51:02
11
Scribbles :
I am so grateful for your content. I struggle to understand it - even tho I’m a professional and a uni graduate - but hoping to become more literate
2023-09-15 17:03:56
5
garlic_bread :
i know it has something to do with evading tax
2023-09-16 15:06:46
3
Syd Charmer :
As an LLC or a company Interest is n expense.
2023-09-15 16:09:45
1
c :
no intrest/tax offset in the UK tho
2023-09-16 14:05:45
3
Mark Ferguson :
If you take out a loan to buy a tv or sofa, you are poor. Because overnight, they would literally halve in value.
2023-09-17 00:46:43
3
Oswaldo Vazquez :
Thank you for this.
2023-09-17 01:20:52
2
Derek Kesek :
debt has no tax
2023-09-16 23:44:08
3
Nomadic Rescue Diver :
Love this
2023-09-14 20:10:19
1
LovesVinod :
💯 agreed 👍 still we so afraid of loans
2023-09-18 17:00:50
2
Adell Bridges 🏳️🌈🏳️⚧️🇵🇸 :
I learned this a few years ago dating a multi millionaire. “I was taught to get into as much debt as possible” he told me
2023-09-16 23:05:24
2
MostAsage :
in usa, financial institutions dont trust you if u don't have debt.
2023-09-15 16:31:17
1
JY :
Youre so well spoken 🙏
2023-09-17 10:40:59
1
user6110819810977 :
Money makes money….
2023-09-17 00:50:00
1
Homiaire :
Exactly ! Im gonna rack up as many degrees with student loans
2023-09-17 00:10:34
1
FASLY٭ :
Leveraging debt is a top tier survival skill.
2023-09-16 18:29:25
1
Dixon Humphreys :
The big saving is the tax and note the returns. This strategy only works for people ALREADY paying a lot of tax!!!!
2023-09-15 05:24:48
1
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