Hello and welcome back to the 360 Money Matters podcast! We have spoken a great deal about the power of investing. However when done correctly and managed appropriately, supercharging your wealth creation is possible, with the power of debt.
In this episode, we will discuss powerful strategies that will enable you to invest using debt in the correct manner. Additionally, we will go into detail into what considerations and strategies that you should deploy in order mitigate your risk when doing so.
Debt doesn’t have to remain as a constant looming reminder on your finances. With the proper strategy and understanding, you can leverage the power of debt to create accelerate your investment strategy and propel forward your wealth creation.
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis and Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights:
- The different types of debt
- The benefits and opportunities of using debt
- Big considerations from a risk mitigation perspective
- Understanding the different options when choosing a debt product
- How to limit the risks when embarking on a strategy such as this
