Cashflow Ninja W/ M.c. Laubscher
129: Gena Lofton: Security Based Lending
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:50:34
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Sinopse
My returning guest in this episode is the inspirational Gena Lofton. Gena provided so much value in Episode 54 for my listeners! In this episode, we discuss a strategy Gena uses in her own life to have the same dollar have multiple uses, a strategy called, Security based lending. This strategy teaches how to leverage your stock portfolio to buy more cash flowing businesses and assets. According, to Wells Fargo "a securities-based line of credit helps you to meet your liquidity needs by unlocking the value of your investments. This type of borrowing may be easier to obtain and more cost-effective than other alternatives. It depends on whether you have sufficient eligible securities to use as collateral. Some of the advantages of securities-based borrowing include: Access to cash when you need it Typically lower rates than other forms of credit No set-up, non-use, or cancellation fees Ability to borrow between 50% to 95% of your eligible assets, depending on the collateral and type of credit you receive These