The Value of Debt by Moe Abdou


One of the great misconceptions about money is the notion that all debt is harmful.  No one will deny that high interest credit card debt is toxic, yet when you consider the tax advantages inherent in mortgage debt for example, you can certainly see why financing your primary residence is considered a smart strategy – largely due to the more attractive loan terms and its payment flexibility.  Although this is a simple contrast, its one that clearly demonstrates why no variable in isolation will lead to maximum results; only when measured from macro perspective, do we see the real impact of a single transaction.  

In his book, The Value of Debt, Thomas J. Anderson gives you a compelling reason to re-think your optimal debt strategy, and it starts with your definition of wealth.

 


Further Reading
  • Michael Serbinis: What I've Learned — Visionary Entrepreneur, investor and CEO and Founder of the new healthcare startup, LEAGUE, Michael Serbinis shares what he learned building three disruptive startups, selling two of them and working with Kimbal and Elon Musk.
  • The Startup Glossary: Founders Share Their Go-To Learning Tools — Whether you mispronounced your boss’ name (It’s just Mike, not Mique) or were caught taking a selfie in the elevator, we all have our collection of embarrassing office moments. My most cringeworthy thus far happened when my dad asked our team to go around the table and share the resources we use to learn.
  • How Being Present Laid the Foundation for Rachel Blumenthal's Success — It’s become a running joke between my dad and me that I have a new best friend every day. The adage stems from the common practice I’ve adopted sprinting out of my interviews and exclaiming “I love them!” seconds after I hang up with our guests on Skype. Hosting 33founders is an enormous blessing for so many reasons.


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