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BYOB Book Review Part 14 | Cost of Acquisition and Can I Get a Higher Rate of Return?

The Wealth Without Wall Street Podcast

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The Cost of Acquisition and Higher Rate of Return

In this chapter, the hosts explore the concept of the cost of acquisition as discussed in Nelson Nash's book, Becoming Your Own Banker. They discuss the unseen costs of borrowing money and the control and flexibility that comes with paying for something yourself. Additionally, they examine using cash value, dividend-paying, whole life insurance as an alternative to cash and its benefits for real estate investing or starting a business.

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