The Game with Alex Hormozi

Why You Should Buy on Margin | Ep 387

6 snips
May 5, 2022
Discover how the ultra-wealthy leverage low-interest margin loans while avoiding taxes. Learn about the risks of buying on margin and why understanding your risk tolerance is crucial. The discussion emphasizes cautious borrowing to manage debt effectively and maintain financial peace of mind. Gain insights into navigating market fluctuations and explore strategies for business growth. Plus, there's a valuable resource offered to help enhance your financial acumen.
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ADVICE

Getting Margin Loans

  • Want low-interest loans?
  • Ask your bank about asset-backed loans against stocks (margin loans).
INSIGHT

Seek Answers

  • Don't just ask questions; seek answers.
  • Google is a powerful tool for finding information.
INSIGHT

Tax Avoidance Strategy

  • The ultra-wealthy use margin loans to avoid taxes.
  • They borrow against appreciated assets, buying more without selling and incurring taxes.
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