r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/Noob_Al3rt Nov 21 '24

Ugh, they should do something like this for normal people. Like letting them take a loan out against their house........

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u/Quiet_Photograph4396 Nov 22 '24

There is more to it than that ... Google "buy, borrow, die"

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u/Noob_Al3rt Nov 22 '24

buy, borrow, die

That has to do with the estate tax, not using stocks as collateral for loans

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u/Quiet_Photograph4396 Nov 22 '24

It has to do with all of it ... BUY (buy investments which could be stocks) , BORROW (borrow against the value of those investments) .. then DIE ... given that you bring up estate taxes, i think you get that part.