Investing in SP 500 is simple and no big deal. But using borrowe

回答: A Small Summary for 2020David_S_Meng2021-01-03 17:23:13

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.  

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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- 给 USATiger 发送悄悄话 (0 bytes) () 01/03/2021 postreply 19:32:00

Yes, you are right. This is not for everyone. Most people -David_S_Meng- 给 David_S_Meng 发送悄悄话 (272 bytes) () 01/04/2021 postreply 06:28:42

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