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MI229: How to Build Wealth Like The Top 1% w/ Jerry Fetta
Millennial Investing - The Investor’s Podcast Network
Is There a Strategy for Borrowing Gold?
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I like to buy the actual physical thing, right? So I will actually buy, you know, whether it's one ounce bars or kilos. And then I can borrow usually about 75% of the value on a line of credit. My cost of interest might be four or 5% total net interest costs. Long term, gold is going to yo-yo 15 up or down. It's got a standard deviation of about 15%. so it's can go up 15 above or down 15 below. The worst year it ever had was a 30% loss.
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