Everything You Were Taught About Debt Is WRONG (The 1% Do This Instead)
Americans are carrying $18.8 trillion dollar in household debt. And almost none of them understand the one rule that separates debt that builds wealth from debt that destroys wealth. If you own a house, stocks, or a business, then pay attention because you're sitting on borrowing power that you're probably not even using. And the best collateral in the world is not your home, it's something else. And lenders are quietly figuring this out. It's marked to market 24/7. It's liquid 24/7. And it's not subject to any one jurisdiction. While mortgage debt is at 13 trillion and rising and auto loan delinquencies are at levels higher than the great financial crisis, this new class of loans is growing rapidly. By the end of this video, you'll know the exact test to determine whether any loan is good debt or bad debt, and you'll understand the four borrowing options that fit into the first bucket.Download the Intelligent Leverage Whitepaper for Free Here: https://www.blockwaresolutions.com/leverage
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00:00 - Americans have $18.8 trillion in debt
00:56 - What you were taught (and why it's wrong)
02:32 - What the 1% were taught (and why it's right)
05:56 - Don't lose your Bitcoin
06:33 - How lenders think about colatteral
11:30 - Intelligent leverage
Watch this Next! → https://youtu.be/fdAgwxn6OUU
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Disclaimer: I am NOT a financial advisor, and nothing I say is a recommendation to buy or sell any financial instrument. I will never ask you to send me money to trade or invest for you. Don't invest money you can't afford to lose. There are no guarantees in trading or investing. No matter what I or anyone else says, do your own research before making a financial decision. Receive SMS online on sms24.me
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