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BYOB: Be Your Own Bank
How To Invest Like the Rich A “Do It Yourself” approach to Investing and Passive Income Learn how to Create Cash Flow Learn how and why “Cash Flow is KING” You will have a new focus on generating passive income Use Leverage to MAXIMIZE your Investing Strategy You can invest much more than you thought possible – without sacrifice Beat Real Estate Real Estate is great.. IF you already have money. Find out how to use time-honored real estate investing techniques to your advantage, without the headaches! Eliminate the middle-man Be Your Own Bank means you are in control. YOU reap the rewards, and YOU are the MASTER. About The Author Peri Scott developed this strategy by 30 years of trial and error, reading hundreds of books, attending classes, seminars and following successful mentors. He wants you to benefit from his lifelong quest, so you can save time and enjoy the good life too! Take charge of your financial future and get this life-changing book now.
72 pages, Kindle Edition
Published April 1, 2019
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Displaying 1 of 1 review
February 15, 2023
Good book. Brief, for reasons which should be obvious. Here's the rundown:
if you stick money in a bank you're losing value because the rate of inflation is higher than the abysmal savings rate that banks offer for accounts (obvi). Our money needs to work for us and there's a variety of methods to make that happen. If we want to escape the trap of asking banks for handouts, we need ways to borrow from ourselves. Several methods exist. This book outlines a method using margin trading accounts and borrowing on dividend stocks purchased outright (rather than buying on margin). It claims that the dividend payout exceeds the repayment with interest over the loan period if you structure it correctly. Will test.
if you stick money in a bank you're losing value because the rate of inflation is higher than the abysmal savings rate that banks offer for accounts (obvi). Our money needs to work for us and there's a variety of methods to make that happen. If we want to escape the trap of asking banks for handouts, we need ways to borrow from ourselves. Several methods exist. This book outlines a method using margin trading accounts and borrowing on dividend stocks purchased outright (rather than buying on margin). It claims that the dividend payout exceeds the repayment with interest over the loan period if you structure it correctly. Will test.
Displaying 1 of 1 review