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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对,我好兄弟,说了多次,他也不听,坚持付房贷,过安稳日子
-USATiger-
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01/03/2021 postreply
19:32:00
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Yes, you are right. This is not for everyone. Most people
-David_S_Meng-
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01/04/2021 postreply
06:28:42