“Verbatim

“Debt recycling is about taking… not about taking on additional leverage… every dollar you free up on the deductible side is a dollar you've paid out on the non-deductible side”

Aidan Gullman · Financial Autonomy · Debt Recycling: Could You Use Your Mortgage to Build Wealth Faster?

Play from 4:28
4:28

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What was described

Explain that debt recycling does not involve taking on additional leverage, only re-using existing debt

Said nearby on the same subject

“Debt recycling… $500,000 non-deductible mortgage, got 50K in savings… split it… now $450,000 and $50,000 and then go invest the 50K into shares… now you have $450,000 non-deductible debt and 50,000 tax deductible debt”
PN
Pat Noll
Equity Mates Investing Podcast ·
How they work $500,000 non-deductible mortgage, $50,000 savings → split to $450,000 … Share this moment
“‘if I repay $50,000 off my home loan, I go to the bank and can have a separate loan for $50,000… debt recycling’”
SW
Stuart Weems
The Money Puzzle ·
Why it worked Share this moment
“…you can get your CGT benefits, you can get your first home buyer benefits… then you can debt recycle and invest from there.”
PN
Pat Noll
Equity Mates Investing Podcast ·
Why it worked Share this moment
“Take the 150 billion off the 2 trillion in government debt… reduce debt by about 12% and save 8 billion a year”
♫
Said on Straight Talk with Mark Bouris
Why it worked $150 billion; reduces debt by ~12%; saves $8 billion annual interest Share this moment

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