Investing in SP 500 is simple and no big deal. But using borrowed money is different. Rich dad poor dad books describe how he got rate of return = infinity. If you think about it, if one borrows money from the banks, and makes $280k net profit, without using any of his own out-of-pocket money, then the rate of return = $280k/money out of pocket = $280k/0 = infinity. So that is consistent with what he described.
Investing in SP 500 is simple and no big deal. But using borrowe
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• 對,我好兄弟,說了多次,他也不聽,堅持付房貸,過安穩日子 -USATiger- ♂ (0 bytes) () 01/03/2021 postreply 19:32:00
• Yes, you are right. This is not for everyone. Most people -David_S_Meng- ♂ (272 bytes) () 01/04/2021 postreply 06:28:42