The WealthAbility Show with Tom Wheelwright, CPA cover image

Aggressive Defense

The WealthAbility Show with Tom Wheelwright, CPA

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Equity in a Property Equals Safety

The good thing about, and this has been my concern that we haven't had quite the same rollercoaster that we normally would have. We would normally see a bigger dip in a market sooner. That's the cycle would be shorter than it's been. The huge mistake I hear people make is equity in a property equals safety. You can't stop how much money you're going to lose if you're just looking at the equity. And instead of $500,000 in Equity maybe have $200,000 in equity, keep $300,000 in the bank.

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