Do the Rich Use Debt Differently?
Prairie Eco-Thrifter
MARCH 4, 2015
One of my nieces did this when borrowing for college. A bank might be reluctant to take on a large loan, but if you already have that much money in your broker account, leave it there to continue to earn money, and borrow against it if you deem it wise to have this debt. The excess money may just disappear with no benefit to you.
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