STS Ep 10 | Buy, Borrow, Die | Securities Backed Lines of Credit (Pledged Asset Line) | Assets vs. Liabilities
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STS Ep 10
- Discuss the concept of Buy, Borrow, Die
- Why you shouldn't sell your stocks to make a purchase
- Step-up basis
- Pledged asset line -- what is it? how does it work?
- How Elon Musk and Jeff Bezos pay so little in taxes
- Rich Dad, Poor Dad -- we discuss assets vs. liabilities
- AirBnb/STRs -- how to view investing in STRs
63 episode