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gravitas

░▒▓█ 𝕘Ｒαᐯ𝕀т𝐀ѕ █▓▒░

Edited 7 months ago

You don’t actually have to be that rich to do this…. Check it:

Get yourself a robinhood account, enable margin withdrawl. Invest ALL your money into a few stable ETFs that just track the market (or go crazy and invest it all in TSLA or something, I’m not your daddy). Now you can just loan yourself money while your investment assets increase in value over time… OR if they decrease, you can write off $3000 worth of “capital losses” every year (possibly more, if you run a “business” or something) .

There are a lot of these kind of “tricks” that previously only the wealthy could do before retail investing was so common.

Edit: Reason i say robinhood specifically, not that they are a great corp or anything, its just they happen to have the cheapest rates on their margin loans, it list 5% APY wich is less then pretty much any other kind of loan you could get. If you know of other services that offer good rates please let me know because I hate RH and would rather use almost anyone else.

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