4min chapter

Rich Habits Podcast cover image

22: How the Rich Keep Getting Richer

Rich Habits Podcast

CHAPTER

The Rich Get Richer Strategy

The rich use the buy, borrow and die strategy. Elon Musk is notorious for this one. Consider investing into equities that leverage Section 1256 contracts. If your combined taxable income was less than $83,000 in 2023, you're not going to pay a diamond taxes on qualified dividends.

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