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  • Borrow and Grow Rich

  • How to Grow Rich Using Other People’s Money (OPM) and Good Debt
  • By: Charles Kelly
  • Narrated by: John Matthews
  • Length: 4 hrs and 42 mins
  • 3.0 out of 5 stars (1 rating)

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Borrow and Grow Rich

By: Charles Kelly
Narrated by: John Matthews
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Publisher's Summary

In this book, you will learn how the power of leverage and inflation can make you rich without working any harder than the average employee. You will also learn the difference between good debt and bad debt and why saving alone will not make you rich.

In the years following the 2008 financial crash, governments around the world have borrowed, printed, and created more money than at any time in history.

How will it ever be paid back? Much of it will never be paid back, and it's legal. Why? The reason is inflation. 

After a decade of low inflation and artificially low interest rates, the world looks to be entering a new inflationary age, along with higher interest rates. 

Why does this matter to you? 

How will inflation affect your cash savings? 

How does inflation affect assets and the money borrowed against them? 

How can you benefit and even get richer instead of poorer in an inflationary era?
©2022 Charles Kelly (P)2022 Charles Kelly
Personal Finance
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  • TD
  • 22-03-2024

Didn’t finish the book 

I stopped listening after:
‘..unlike shares or bonds, one can use leverage or borrowed money, to buy this asset class (real estate)’.
If the author doesn’t know anything about: Making acquisitions with borrowed funds. Partnering with other investors on deals, or margin loans, they shouldn’t be giving financial advice.

He doesn’t understand leveraging OPM, which is what the whole book is about

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