4 ms·
"Never borrow money" excludes Smart Debt: Debt someone else pays for you, such as Investment Property, or Big Business (not small business. This definition of
by raintrees 13y ago
"Never borrow money" excludes Smart Debt: Debt someone else pays for you, such as Investment Property, or Big Business (not small business. This definition of Big Business is where you have a controlling interest and you can leave for 6 months and business is even better).
It depends on how quickly you wish to generate wealth. Leverage (OPM, OPT) must be used wisely, but significantly speeds up the process.