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Webisode #7 | Debt of a salesman | Warren Buffet's Secret Millionaires Club

//www.smckids.com The Secret Millionaires Club learns that borrowing money to grow a business can be a good thing but only if the correct amount of ...

User Comments

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With the threat of hyperinflation, wouldn't it be better to borrow money since even if you have to pay back money with interest, it'll be with dollars that are worth a lot less. For example, if a man borrowed $100 in 1930 and had to pay back $200 today, wouldn't that be sort of a gain if he used the borrowed money to invest in physical commodities such as gold and silver?
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I like this video. Some investors propose leverage. Eg: Real Estate using bank's money. But they didn't realize if the rental is bad, they are going to suffocate because of the interest + principle.
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Lol I was sober last week and I click this video, 30 sec to the video i quit watching it.... Now I am high and I almost watch all of their episode
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shame most kids care more about sulking about how they dont have the money to buy what they want, this show can inspire them to be filthy rich!
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should have watched this 10 years ago.. brilliant love the guy hitting the tennis ball and it coming back to hit him in the face.
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yes that true but the rate for interest grows over time espiecally like 80 years after he borrowed the money.
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Quality is it really Warrens Voice?? certainly sounds like it :) Thanks for posting
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oh, it really sounds like really warren buffett!
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@profitbanktoday yes it is really warren.
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This was not even here ten years ago.
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ha what about student loan??
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Mr.Buffet is my hero
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its him xaaxax
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It is good

Webisode #8 | The big trade-off | Warren Buffet's Secret Millionaires Club

The Secret Millionaires Club learns how to take less of one thing in order to get more of something else. Also known as a trade-off. Watch now on XFINITY: ...

User Comments

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@worrapssirk That's why there is only One warren buffett in the world, and that is why there are much less successful ppl in the world. Good point is ppl like us who notice the value of this show are very smart ones and gonna belong to one of those successful ppl in the future, haha!
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funny he said watching television instead of studying. i'm watching this while i should be studying :p
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@youarestupidxxx the voice of the man is warren Buffett the 2nd richest man in the world
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I learned so much from watching these cartoon and I"m 36.
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How does this have less than 1,000 views?
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whos the voice for the old man??
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Buffett
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Buffet

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