Originally posted by runfast00
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Once you amass 1-2M, you can put it in a separate account, and use as collateral to borrow from. As long as your LTV is low (you borrow enough to allow a large margin of safety for a SP crash), you will never have to pay back the principal, and only make monthly interest payments, which are tax-deductible.
All the wealthy people do this, as we saw in the recent article. If they can do it, so can you.
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