Debt on Personal Assets is not for Everyone

https://is1-ssl.mzstatic.com/image/thumb/Podcasts115/v4/d8/55/65/d85565ef-2987-0172-ad49-af71afecb3c5/mza_15997239227466756157.jpg/600x600bb.jpg

Chasing the Yield

Kevin Bae

18 episodes

9 months ago

I'm an amateur investor that adopted the dividend income investing approach to personal finance. My purpose is to maintain principal while earning dividends.

Investing

RSS

All content for Chasing the Yield is the property of Kevin Bae and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

I'm an amateur investor that adopted the dividend income investing approach to personal finance. My purpose is to maintain principal while earning dividends.

Investing

Debt on Personal Assets is not for Everyone

Chasing the Yield

21 minutes

1 year ago

Debt on Personal Assets is not for Everyone

Topics discussed on today's show.

Debt vs. No Debt: Some investors prioritize returns and view having no home mortgage as better. However, debt on real estate has its own benefits.

Real Estate Appreciation: Real estate generally appreciates over time, offering significant capital gain, especially when debt-free. However, mortgages reduce this gain with interest payments.

Debt's Drawbacks: Debt siphons income, limits savings, and can lead to stress, snowballing debts, and repossession.

Alternatives: Explore options before debt. If necessary, choose the best rates, prioritize needs, and borrow responsibly.

Debt as a Tool: Use debt cautiously, prioritize stability, and understand its long-term consequences.

For questions or comments contact me at mail@chasingtheyield.com