Banks Love This Wealth-Building Hack
How to Make Your Portfolio Pay You Monthly
I've Been Studying How to Maximize Cash Flow and Put the Machine on Autopilot. I've spent quite some time studying how to maximize cash flow to put the machine on autopilot. The goal is to make your portfolio function like a business—one that generates profits, pays off its debts, and leaves the surplus either for your pocket or reinvestment into the business (your portfolio) to keep it growing.
First of all, banks love this model. When they see you paying on time and maintaining solid cash flow in your accounts, they’re generally more accommodating when you approach them for funding.
In recent weeks, many of you have written to me, saying that debt isn’t as good as I make it out to be and that I’m encouraging people to take reckless risks. That’s absolutely not the case. I firmly believe no one should take on debt unless they have at least a basic understanding of two things: 1. Finance and 2. Their own temperament.
Others have reached out to say that real estate is the …