Nov 22 2020 36 mins
In this episode we discuss capital preservation and the importance between assets and liabilities. Once we can identify a true asset from a true liability then we can effectively evaluate opportunity cost of purchasing decisions.
The breakdown of this episode consists of:
- Building the confidence that you can succeed in a world that tells you the opposite
- Understanding the difference between assets and liabilities
- Opportunity costs of purchases (Mortgage example)
- Capital preservation and wealth creation.
Sponsor the podcast here: https://www.advertisecast.com/TheRaceRatPodcast
--- Support this podcast: https://podcasters.spotify.com/pod/show/the-race-rat-podcast/support