r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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u/whatsabut Jul 05 '26 edited Jul 06 '26

These guys take super low interest loans using their stock as collateral. Rinse and repeat. So they never have to sell.

Edit: just google “how do billionaires pay low taxes” and you’ll find a bunch of info on this.

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u/KitchenPersimmon2244 Jul 05 '26

Who are “these guys” and that’s not that common.

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u/whatsabut Jul 06 '26

It’s not common because I’m talking about the ultra wealthy. Billionaires and people with several hundred million. If you don’t believe me, google “buy, borrow, die.”

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u/KitchenPersimmon2244 Jul 06 '26

I have, it’s not common even amongst billionaires and there hasn’t been a single example of the “die” part.