Tag: margin trading
The wealthy use financial leverage and debt to advance their wealth. Most of us understand debt as the a method for retail establishments to separate us from out money. But the wealthy use debt to leverage themselves into greater amounts of wealth and to avoid taxes. AJ breaks down the math on why it makes more financial sense to borrow money than to withdraw from investments.
Leverage is an essential tool for building wealth. Sorry Dave Ramsey. AJ explains the What, Risks, How and Why’s of leverage.