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So take a loan from your local bank and send them to South Africa?
Who don't know your mother is a women.
If only we have that's large sum of money in bank to covered that interest. Your video is only applicable to the rich. And the rich do not watch YouTube.
You need to listen to Dave Ramsey.
18% in srilanka
So wait, If I wanted to buy a car that cost $60k at a 4.25% rate I would be losing money to buy that car. But If wanted to buy the same car through a bank at a 2.5% Interest rate then I would be making money? Im kind of getting the idea but its not fully making sense
You take 990 000 $ and return 990 000$ what a joke ?
Great video! What or who do you use for creating the Animation videos?
To do this all you have to be millionaire to get the loan from bank
Awesome. Loved it. Looking for more.
Debtsoff on Instagram ??????
He’s a life saver
1% is only for billionaires
This is possible, not NOT in Ukraine / Russia / etc countries
Shorty thicc at 1:22
Porn content ??
haha why are you making a video when you have a no idea about intrest rate at 1%. you seriously need to research before posting this kind a video.
You don't have to a genius to realize that banks don't lose money if interest rates are under inflation. Banks lend borrowed which means they don't carry the weight of inflation (lender does, in this case people depositing money in the bank) and bank makes money as long as there is a positive spread between bank depositors and borrowers. I know, it's a simplification. Bank equity should be considered as well, but at least it's not wrong like this video.
People listen to this, get loan, invest, stock market crashes, kill themselves. DON'T TRY TO MAKE MONEY WITH DEBT! Unless you have that much money to pay off the debt at any given time.
Useless for non super rich people. Debt IS bad (unless you're a millionaire)
I stopped watching when he said to borrow $1000m, yeah right as if the bank is going to lend me ??? $1000m, you want it in cash or check? ??
If you are getting interest rates at 1% you are already very wealthy, stop watching.
Hold up… U calf Jay z a moderately rich person?
This is financial suicide
Liked it, got more perspectives about financial utilization.
It's not free if he paying it back monthly with interest.