Brilliant video mate… just shows you that if you use good debt intelligently and that too with proper research on your investment idea, you can do wonders! I too started my online business with good debts and gradually diverted into Real estate investing in order to have a balanced investment portfolio. Debt is a double edged sword which can rip you apart! Hence if you dont know how to use it than educate yourself with the proper ways of using good debt to become financially independent.

This is hilarious everything discussed here is only true when there is inflation theory economics. Everyone can be a rich if there is enough dollars going around. There is only so many people that can benefit first before there is no more buyers so the next person trying to use credit gets fucked. Not to rain on the idea , some people should think about taking advantage of credit cards for some good reason buying things cheaper at the current market value then selling it later for higher or even holding it for pure faith of it going higher. What this doesn’t explain is this is all timing and risk. Anyone can benefit from the money being loaned out as credit but they can only capitalize on it if the timing is good also assuming the price for homes and property continue increasing in price (which generally they do). Also assuming that your business can survive with other business saturating the marketing with more leverage then you but yeah there is a chance lol but like someone commented earlier “WHOLE LOT OF IF’S HERE”

are you currently in the Cleveland area? I am looking to surround myself with like minded people

wow this infor is so helpfull and eye opening! thanks alot i will subscribe and like.

I wanna get a lone for a car is that bad am not good at saving to what I do any ideal .

Huh? You bought a car and a house with the same money? How’d ja do dat?

Stupid advice. Encouraging people to borrow money @20% for 100% ‘guaranteed’ return. Which product has sure wins? Pity the feckers that trust this advice and gets shafted twice, once by the lender who you can’t repay, and the other that sold them the Ponzi scheme.

great advice

I’m 19 and I can’t believe I think I understand you.

This guy is as idiot that clearly doesn’t run a real business. He isn’t factoring in closing costs for large loans and how a business with little to no cash flow can carry a monthly note payment for a year while a product is being developed and you are waiting for a marketing campaign to get traction. There is a reason Standard and Poor looks so closely at company’s debt load when assessing their health

And this ladies and gentlemen is how the last financial crisis happened. Those borrowing costs went up and yields went down. Go and watch The Big Short

he is making some good points. I was taught that All debt is bad but not always true. it’s about what you do with the debt. Trump has used this to great effect.

Darken your hair. part it to the other side, throw on some black framed glasses and you’d look like Tai Lopez

Instead of buying that Tesla buy another house now you have two houses and use those equities to buy another but this time cash and go on and on. You dont need a fucking Tesla. It’s all about reinvesting and diversification.