Yes! Wait, I read the Rich dad Poor Dad book, What do you mean debt is used as an investment tool?? Maybe I missed that part lol.
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Yes! Wait, I read the Rich dad Poor Dad book, What do you mean debt is used as an investment tool?? Maybe I missed that part lol.
Good debts and bad debts :) I love that book too! It definitely changed my life. And it happed about 4 months ago. Thus I came here, in this wonderful crypto-world ;)
hehe yes!! It changed my life too hehe! I love books that do that! they are worth every second of a read!
One example of using debt as an investment tool is taking out a mortgage to purchase a rental property.
So basically you are using other people's money to make you money, with only a small % of your money invested. Tomorrow I plan to post my first of many blogs about real estate investing.
Ohhh I need to come back and read those. I do a lot of investing in stocks, p2p and now Steemit. But I don't know anything about real estate investing and I"d love to earn.
@kaylinart also, you might like the my post today. Though it is less practical and more theoretical/inspirational than my usual stuff. https://steemit.com/steemit/@scaredycatguide/steemit-the-field-of-dreams-for-the-crypto-world