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A comment on 10 Things Millionaires Won't Tell You. Parent comment
- His cost of capital is undoubtedly very low. Lending $4-5m to someone with that much money (and secured on property!) is practically risk free.
- He probably has access to a lot of good investment prospects.
- Tax breaks on mortgages will make the gap between cost of capital and likely return even larger.
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- His cost of capital is undoubtedly very low. Lending $4-5m to someone with that much money (and secured on property!) is practically risk free.
- He probably has access to a lot of good investment prospects.
- Tax breaks on mortgages will make the gap between cost of capital and likely return even larger.