Fund Your Ideal Lifestyle: Buy time, Find new experiences, and Keep more of what you worked for by Clayton Daniel

Author:Clayton Daniel [Daniel, Clayton]
Language: eng
Format: epub
Tags: what is my purpose, travel the world, Motivation, angel investing, better life, who am I, Financial freedom, how to work less, motivation for life, become entrepreneur, lifestyle book, how to budget, good with money, life purpose, money and travel, how to get rich, money book
Publisher: XY Publishing
Published: 2017-01-30T08:00:00+00:00

40 / Good debt is considered to be any debt taken on to fund the purchase of assets that go up in value. A home mortgage would be a example.

41 / Bad debt is any debt connected to anything that is not an asset expected to increase in value. Purchasing a car with a loan would be a common example.

42 / Retail investments are simple investments available to everyone. The most profitable investments are of course the most risky and are only available to ‘sophisticated investors’.

43 / While the debt is good and safe, the likelihood of start-ups failing means the investment itself is not particularly safe. We will go in to more detail in chapter 14.

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