“We use $200,000 to pay down the home loan… then we take out a $200,000 loan and use that to invest… that $200,000 loan becomes tax deductible”
AG
Aidan Gullman
Financial Autonomy ·
“You need to earn over 13% on your investment to be better than paying down the debt… debt repayment is risk-free”
Get Started Investing · What should I do with a lump sum: Save, super or invest?
Play from 12:53
12:53
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What was described
advise paying down high-interest bad debt (e.g., 9% car loan) before investing
9% loan rate, 13% after-tax hurdle rate for investments
Said nearby on the same subject
“We got personal loans… debt forgiveness… auto loans… shop for the best car insurance… check those out at calebhammer.com.”
♫
Said on Financial Audit
“We’re building products that help people… personal loans… credit building… debt forgiveness… auto loans… car insurance… check those out at calebhammer.com”
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Said on Financial Audit
“Take the guaranteed return on paying down non-deductible debt. rate rise before Christmas, home is between 6.25 and 6.5%, that's a guaranteed after-tax return. with 8% return you lose 30% CGT”
RJ
Riley Jan
Geared for Growth Property Investing Podcast ·
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