#62 Leveraging Into An Empire

Ever wondered how the wealthy manage to keep getting ahead? It's not just luck or hard work - it's smart financial strategy. Let's unravel one such strategy, called 'Leveraging', on the Finance Bible podcast. Your hosts, Oscar and Zeke, simplify this complex financial term to help you understand how it can become a game-changer in your financial journey. The concept revolves around using borrowed capital to invest, focusing on income-generating assets like shares and properties. But leverage isn't a one-size-fits-all solution and requires a wise approach. This episode is far from a dry, theoretical discussion. We breathe life into the numbers with real-world examples, highlighting how leverage can be used to build an empire. Drawing inspiration from the story of Robert Kierstar, an investor who turned borrowed money into a billion-dollar real estate venture, we explore the transformative impact of leverage. But remember, leveraging isn't meant for everything - funding vacations or non-income generating assets are a no-go. So get ready to discover the power of leveraging and learn how to use it wisely in your financial planning.For any enquiries or to connect with Oscar, Zeke, or their company, Asset Road, listeners can visit the following links:Finance Bible Podcast InstagramAsset Road InstagramAsset Road WebsiteThe advice shared on The Finance Bible is general in nature and does not consider your individual circumstances. The Finance Bible exists purely for educational / entertainment purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needsDid you like this episode?Support the show🎧 Enjoyed this episode? Follow us on Instagram @zekeguenthrothofficial @oscardonproperty and @assetroad for daily insights, property breakdowns, and behind-the-scenes updates. Explore more at www.assetroad.com.auTop 10 Finance Podcasts in Australia on Feedspots ranking- https://podcast.feedspot.com/australian_personal_finance_podcasts/Disclaimer: The information provided in this podcast is general in nature and does not constitute personal financial advice. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Asset Road Pty Ltd recommends you seek independent financial, legal, taxation or other advice as required. All investments carry risk. Past performance is not indicative of future results.