Hook

Their other posts in the index, biggest breakout first.
The wealthy, they don't sell. They borrow. Imagine two people who both need $10 million. The first person owns a successful business. To get money, they sell part of it. They pay capital gain taxes, lose a piece of ownership, and now the assets can never grow for them again. The second person, he owned $50 million worth of commercial real estate that’s been appreciating for years. Instead of selling, he walked right into a bank. I need a $10 million loan. The banks look at the property and say, yeah, no problem. Why? Because the loan is backed by valuable assets. The owner doesn't have to sell a single building. The property continues to collect rent. The rental income, help cover the loan payments and any interest. Five years later, those same properties are now worth 80 million. The owner go back to the bank. My portfolio has increased in value, the bank orders a new appraisal, the higher value allows the owner to refinance. the old loan get paid off with the new loan and now they got access to additional cash based on the new equity, depending on the lender's terms and how much they're willing to borrow. Buildings never got so. portfolio, kept growing, the owner, kept control. This is why wealth investors often focus on buying assets, they can borrow against instead of always selling assets to create cash. The average person works for money. Many wealthy people build assets that create building is that strategic depth, back by appreciating assets can work very differently than consumer depth. Different game, different rules, get in the game.