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When I was younger I used to hear "money goes to m

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Post# of 41414
(Total Views: 1082)
Posted On: 05/25/2017 10:34:20 PM
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Posted By: The Lieutenant
Re: Benster19 #35251
When I was younger I used to hear "money goes to money."

I never truly appreciated what that meant.

Then I learned.

This "accredited" status means those with money have access to investments with much higher yields than those who don't have money.

I learned to mortgage the heck out of my assets.....say like a house....at 4.25%, then utllize my accredited status to land solid investments yielding 8% to 12%.

The investment pays off the mortgage, the insurance, the gas, the electric, and the phone bill, etc......and maybe you have to pay a landscaper bill once in a while.

Then, heck, why not do the same on your wife's house, with the same result.

Then you take your accredited status further and borrow from friends and family (at 4%) and invest that at 8, 12, 15%......

Soon you find yourself sitting at home......feeding the fish and writing on stock boards....making money doing nothing.

Just make sure that the invetment you are taking advantage of is practically rock solid (such as hard money lending at 70% of the property's value and YOU hold the title to the property until the loan is paid off).

Think outside the box...........they just don't teach this stuff in school.

......and that is why I like having Tony as CEO.

I have had numerous conversations with him, and this is the kind of stuff that is woven into his fiber.

I myself have actually learned a few things from him......................

LEVERAGE YOUR ASSETS......whatever those assets may be.....whether they are dollars, widgets, "accredited status", brains, good looks, or whatever.

Make your assets do the work for you..............


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