Chapter
JFK and Taxes
11:44 - 17:33 (05:48)
The speaker discusses the high income tax rates in San Francisco and the process of borrowing against a Scott Trade account, with a brief mention of JFK.
Clips
The high income tax rates in San Francisco make borrowing against a portfolio a more favorable option, even if the growth rate does not beat the interest rate on the loan, due to the tax advantages.
11:44 - 13:14 (01:30)
Summary
The high income tax rates in San Francisco make borrowing against a portfolio a more favorable option, even if the growth rate does not beat the interest rate on the loan, due to the tax advantages.
ChapterJFK and Taxes
Episode#125 - What is the Buy, Borrow, Die Process?
PodcastMy First Million
The speaker discusses their interest in learning about financial entrepreneurship, particularly in regards to Small Business Administration (SBA) loans, after a friend mentioned it to them.
13:14 - 14:54 (01:40)
Summary
The speaker discusses their interest in learning about financial entrepreneurship, particularly in regards to Small Business Administration (SBA) loans, after a friend mentioned it to them.
ChapterJFK and Taxes
Episode#125 - What is the Buy, Borrow, Die Process?
PodcastMy First Million
The banks want to lend you money for your business, but sometimes you need to make your business look good to get approved.
14:54 - 16:23 (01:28)
Summary
The banks want to lend you money for your business, but sometimes you need to make your business look good to get approved. Despite this, it's important to remember that banks are required to lend money and can be a valuable resource for your venture.
ChapterJFK and Taxes
Episode#125 - What is the Buy, Borrow, Die Process?
PodcastMy First Million
The Side Hustle Pro Podcast focuses on people who have turned their side hustles into successful full-time businesses, featuring episodes on changing your relationship with money, mastering self-talk, and putting plans into action.
16:23 - 17:33 (01:09)
Summary
The Side Hustle Pro Podcast focuses on people who have turned their side hustles into successful full-time businesses, featuring episodes on changing your relationship with money, mastering self-talk, and putting plans into action.