Can You Build Wealth While Managing Debt: A Practical Guide скачать в хорошем качестве

Can You Build Wealth While Managing Debt: A Practical Guide

Can you build wealth with debt? Well, it is possible but it depends on the debt type, plus it is incredibly risky. You could end up deep in a financial hole you may not be able to easily climb out of. Doug and Ted, co-founders of Hoyes Michalos, provide practical strategies for building wealth with debt, including a look at crypto's role. Learn how to make debt work for you, not against you. (0:00) - Using Debt as a Wealth-Building Tool (4:00) - Understanding Leverage and Margin: Risks and Rewards of Investing with Borrowed Money (7:00) - Good Debt vs. Bad Debt: Identify the Difference (15:45) - Building Wealth While in Debt, Is It Possible? (17:30) - Opportunity Cost and Interest Rates (20:00) - The Challenge of Paying Interest While Building Assets (22:40) - Cryptocurrency and Debt: A Viable Investment Strategy? (24:00) - Practical Debt Management Strategies for Wealth Growth (26:30) - Strategic Borrowing: Using Debt for Investments? Myths About Credit Card Debt in Canada https://hoyes.info/creditcard-myths How to Eliminate Debt in Ontario https://hoyes.info/eliminate-debt-ont... Is Another Loan a Good Idea? https://hoyes.info/another-loan-good-... Sign Up for the Debt Free Digest https://hoyes.info/subscribe-debtfree... FREE Credit Rebuilding Course https://hoyes.info/credit-rebuilding-... Debt Repayment Calculator https://hoyes.info/debt-repayment-cal... Disclaimer: The information provided in the Debt Free in 30 Podcast is for entertainment and informational purposes only and is not intended as personal financial advice. Individual financial situations vary and may require personalized advice from a qualified financial advisor. Always consult with a financial professional. The views expressed in this episode do not necessarily reflect the opinions of Hoyes, Michalos & Associates, or any other affiliated organizations. We do not endorse or guarantee the effectiveness of any specific financial institutions or strategies discussed.