2min chapter

My First Million cover image

#125 - What is the Buy, Borrow, Die Process?

My First Million

CHAPTER

The Next Rabbit Hole?

The appreciation of that asset you're borrowing against, it seems to go up with that interest rate. Even if you don't beat the growth rate, just by not paying taxes on selling stuff or taking income, you're already have a big advantage because you're sitting 35% or more. So yeah, I can borrow for five or 6% or I could pay that income tax at 50%, right? So it's really up to what you're comfortable with.

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