What Are The Best Forms Of Good Debt To Use First?

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  • Опубликовано: 22 авг 2024
  • We know that smart investors use good debt to build wealth efficiently. In this video, I rank the 5 most common forms of good debt from best to worst. I walk through the metrics you should think about when deciding which form of debt to use and help you understand the order in which you should access leverage.
    Watch the video now to learn how to best use good debt to build wealth!
    ⚠️ Exercise caution before using this strategy. Do your own research and make sure you fully understand the risks you are undertaking!
    💡 I do not work with clients or offer any consulting services. If you want to learn more about the best tax and investment strategies, subscribe to my channel and check out these courses ▶️ sharonwinsmith...
    The information provided in this video is owned by Winsmith Tax LLC and is solely for informational and educational purposes. It is not intended as investment, legal, or financial advice. Always consult with a professional familiar with your unique situation, or conduct your own research before making any decisions. We might receive commissions for recommending certain products or services.

Комментарии • 13

  • @coachshadoefox
    @coachshadoefox 8 месяцев назад +3

    Thank you for putting this video together, Sharon!
    You’re knowledge on this subject is so impressive. Very helpful content. Took lots of notes. 📝
    Hope you have a great holiday 🎁

    • @sharonwinsmith
      @sharonwinsmith  7 месяцев назад

      Thank you so much for your kind words! Hope you had a great holiday and Happy New Year! 😁

  • @barrywittine6513
    @barrywittine6513 17 дней назад

    How about a reverse mortgage?

  • @yoyotwee
    @yoyotwee 5 месяцев назад +1

    Can you go into depth on why you are against life insurance in a video?

    • @sharonwinsmith
      @sharonwinsmith  5 месяцев назад

      I discuss that in detail in this video - ruclips.net/video/w__YGvMSG0A/видео.html

  • @rajarchanagarre7306
    @rajarchanagarre7306 8 месяцев назад +2

    @SharonWinsmith, Need help in evaluating businesses before closing. Would you be able to help?

    • @sharonwinsmith
      @sharonwinsmith  7 месяцев назад +1

      I actually don't do any consulting work anymore after selling my business last year but thank you for asking!

  • @ElLeNoir..ELconomics
    @ElLeNoir..ELconomics 8 месяцев назад +1

    Good evening coach!

  • @Cama5555
    @Cama5555 2 месяца назад +1

    Where do you get your sblock?

    • @sharonwinsmith
      @sharonwinsmith  2 месяца назад +1

      I do my SBLOC at Interactive Brokers (IBKR) ▶️ ruclips.net/video/I098YVVPKNg/видео.html

  • @danield8378
    @danield8378 7 месяцев назад +1

    Can you get an SBLOC at a different lender then the brokerage account you use to grow your portfolio?

    • @sharonwinsmith
      @sharonwinsmith  7 месяцев назад +1

      No, you would need to move the stock portfolio to the brokerage where you are going to do the SBLOC. The lender is the brokerage firm and they will want to hold your shares as collateral.