CEO of Become Wealth, Joseph Darby, explains why debt can be good.
Debt is good
0:17
risk and it needs to be carefully
0:18
considered but one of the best examples
0:21
of borrowing to invest right now is
0:22
actually unfolding on the world stage
0:24
and that's elon musk the richest man in
0:26
the world buying a company called
0:28
twitter and he's doing that or the
0:30
majority of the purchase price is being
0:32
paid with money that isn't his he's
0:34
borrowing it so i think when the richest
0:36
man in the world is doing something
0:38
the rest of us could potentially sit up
0:40
and take notice and realise that there
0:41
are lessons to be learned from that and
0:43
understand that there are tax advantages
0:45
there are things such as a leveraged
0:46
gain leveraged investment that is
0:48
essentially accessing while it doesn't
0:50
suit everyone and obviously we're not
0:52
all the richest person in the world at a
0:54
very small level we can still do that
0:56
and potentially
0:57
potentially harness those benefits