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Not sure this is the place for this question but here goes:
If I owned $20billion stock would I not be better off to borrow against it than sell it? If I sell it I pay capital gains or some other tax on it right?
But if I could borrow from it evey year I could build a mega yacht or whatever and it costs me no more than a very low interest rate.
If I owned $20billion stock would I not be better off to borrow against it than sell it? If I sell it I pay capital gains or some other tax on it right?
But if I could borrow from it evey year I could build a mega yacht or whatever and it costs me no more than a very low interest rate.