ilmscore | Borrowing Against Stock to Fund Lifestyle Predictions
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Borrowing Against Stock to Fund Lifestyle

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Instead of selling appreciated stock (which triggers taxes), individuals can borrow against its value. This debt is tax-free and can be used to fund lifestyle expenses, with the potential for the stock's growth to outpace the interest on the loan.
"So what he does instead is he borrows against these shares. He takes out debt. If he has a million d..."
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Nov 12, 2023
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