How Rich People Use Debt To Get Richer

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Poor people don't understand how credit and debt work. Let me explain. Credit is debt. Rich people borrow money to buy things that make them more money. Poor people use credit to buy things that lose money over time or even cost them money.

This is the infinite money hack no one is telling you, and it ties in perfectly with Triple Compounding.

What you need to do is buy low and borrow high, and don't sell the asset. Buy assets at a low cost, then wait for those assets to appreciate. Once those assets appreciate, borrow against the value of those assets because the loans are not taxable. Then you use the money that is borrowed to buy other assets.

That’s exactly how I used debt in my Triple Compounding system that took me from $500 to an $18 million portfolio, even though I started doing this when I came to America in my late 20s.

If you’re only focused on staying debt-free, you’re working your whole life just to get back to zero. Debt-free is still broke. Triple Compounding uses debt to get you out of survival mode and into magnetic queen diva who gets everything she wants effortlessly mode.
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