In our ninth episode, we talk about debt, the leveraging of money, and its pros and cons. The word debt has a negative connotation to it, which leads many people to mistakenly think that debt in all forms is bad. We talk about our initial impressions of debt and how our views have shifted over time. Kevin shares about his plan to utilize "good" debt to build out his real estate portfolio and some of the key things that make real estate a perfect place to use debt to achieve F.I.R.E. Follow along to learn more about debt and how in some cases it is a calculated tool to help grow wealth faster!
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DISCLAIMER: This content is for entertainment purposes only. Andrew, Derek and Kevin do not provide tax or investment advice. The information is presented without the consideration or understanding of the financial circumstances/investing goals of any specific investor and may not be suitable for all listeners. All investments involve risk. Past performance is not indicative of future results.
Intro/Outro Music: Yaki Tori - Smith The Mister
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