Robert Kiyosaki · Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business · The 5 Money Moves YOU MUST Make Right Now
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states that banks get rich by borrowing depositors' money and re-lending it, not by saving
“The rich borrow to buy assets, things that put money in their pocket… an apartment building where the tenants pay the mortgage.”
“‘I think the answer is that states that are risky… their borrowing costs would go up. But a state like Utah… its borrowing costs might go down.’”
“We borrowed £100,000 from the British Business Bank between the four of us.”
“Most banks will allow you to borrow up to 80% of the entire value.”
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