3 ms·
For Bezos (and the wealthy in general), the interest rate on the loan is lower than your capital gains, so you can just keep rolling the loan forward forever.
by bpt3 5y ago
For Bezos (and the wealthy in general), the interest rate on the loan is lower than your capital gains, so you can just keep rolling the loan forward forever.
- bluedevil2k 5y agoAnd the interest is sometimes tax deductible
- bpt3 5y agoYep. It's a great setup if you can get it (for yourself at least).