{"id":175681,"date":"2025-06-23T07:11:59","date_gmt":"2025-06-23T07:11:59","guid":{"rendered":"https:\/\/adamfayed.com\/?p=175681"},"modified":"2025-06-23T07:11:59","modified_gmt":"2025-06-23T07:11:59","slug":"borrowing-against-your-assets","status":"publish","type":"post","link":"https:\/\/adamfayed.com\/it\/wealth-asset-management\/borrowing-against-your-assets\/","title":{"rendered":"Prestito con i propri beni: Cosa significa e come funziona"},"content":{"rendered":"<p>Can you borrow against assets? Yes, and it\u2019s a strategy used by many expats, investors, and business owners to unlock liquidity without selling.<\/p>\n\n\n\n<p>Borrowing against your assets means using what you already own as collateral to access a loan.<\/p>\n\n\n\n<p>But how does it actually work and what exactly can you borrow against?<\/p>\n\n\n\n<p>This post covers common questions, such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>How does borrowing against assets work?<\/li>\n\n\n\n<li>What assets can you borrow against?<\/li>\n\n\n\n<li>Can you borrow against your assets to avoid capital gains tax?<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>We\u2019ll delve into the mechanics, pros and cons, and which assets might be eligible.<\/p>\n\n\n\n<p>Se state cercando di investire come espatriati o individui con un alto patrimonio netto, potete inviarmi un'e-mail (hello@adamfayed.com) o un messaggio WhatsApp (+44-7393-450-837).<\/p>\n\n\n\n<p>Questo include se siete alla ricerca di un portafoglio per espatri gratuiti <a class=\"wpil_keyword_link\" href=\"https:\/\/adamfayed.com\/it\/category\/review-articles\/\"   title=\"recensione\" data-wpil-keyword-link=\"linked\"  data-wpil-monitor-id=\"2208\">recensione<\/a> per ottimizzare i vostri investimenti e individuare le prospettive di crescita.<\/p>\n\n\n\n<p>Alcuni fatti potrebbero cambiare rispetto al momento in cui si scrive. Nulla di ci\u00f2 che \u00e8 scritto qui \u00e8 una consulenza finanziaria, legale, fiscale o di qualsiasi tipo o una sollecitazione a investire. Non si tratta nemmeno di una raccomandazione di prodotti o servizi.<\/p>\n\n\n\n<img decoding=\"async\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/CTA_5_final_-512x288.jpg\" usemap=\"#image-map\" alt=\"Discover How We Can Address Your Financial Pain Points\">\n\n<map name=\"image-map\">\n    <area href=\"https:\/\/adamfayed.com\/subscribe\/\" target=\"_blank\" alt=\"Subscribe Free\" title=\"Abbonati gratuitamente\" coords=\"72,217,198,252\" shape=\"rect\">\n    <area href=\"https:\/\/adamfayed.com\/contact\/\" target=\"_blank\" alt=\"Discover Now\" title=\"Scopri ora\" coords=\"303,217,429,252\" shape=\"rect\">\n<\/map>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What does borrowing against your assets mean?<\/strong><\/h2>\n\n\n\n<p>Instead of selling your holdings, you pledge them to a lender in exchange for liquidity, while retaining upside potential (and downside risk) on the underlying asset.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How to borrow from an asset<\/h3>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li>Choose your asset (stocks, bonds, ETFs, 401(k), life insurance).<\/li>\n\n\n\n<li>Select the loan type: margin loan, securities-backed line of credit, 401(k) loan, policy loan, etc.<\/li>\n\n\n\n<li>Apply with a lender or plan administrator, providing documentation of your holdings.<\/li>\n\n\n\n<li>Agree to terms: loan-to-value ratio, interest rate, repayment schedule, and collateral requirements.<\/li>\n\n\n\n<li>Receive funds while your asset remains pledged.<\/li>\n\n\n\n<li>Repay according to the agreed schedule to avoid forced sale or policy lapse.<\/li>\n<\/ol>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How borrowing against stock works<\/h3>\n\n\n\n<p>You open a margin account or a securities-backed line of credit (SBLOC). The broker or bank values your eligible <a href=\"https:\/\/www.schwab.com\/learn\/story\/3-ways-to-borrow-against-your-assets\" target=\"_blank\" rel=\"noopener\">shares<\/a> and advances a percentage, often at least 50% of their market value.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Borrowing against stocks pros and cons<\/h4>\n\n\n\n<p><strong>Pro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Quick access to cash without selling<\/li>\n\n\n\n<li>No capital gains taxes triggered<\/li>\n\n\n\n<li>Flexible use of proceeds<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Contro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Margin calls if your portfolio value drops<\/li>\n\n\n\n<li>Potential forced liquidation at unfavorable prices<\/li>\n\n\n\n<li>Interest charges and maintenance fees<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How borrowing against 401k works<\/h3>\n\n\n\n<p>Your retirement plan (<a href=\"https:\/\/www.equifax.com\/personal\/education\/loans\/articles\/-\/learn\/what-is-a-401k-loan\/#:~:text=Unlike%20other%20loans%2C%20401(k,but%20no%20more%20than%20$50%2C000.\" target=\"_blank\" rel=\"noopener\">401k<\/a>) allows you to borrow up to 50% of your vested balance. You repay principal plus interest (often prime rate plus margin) via payroll deductions.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Borrowing against 401k pros and cons<\/h4>\n\n\n\n<p><strong>Pro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No credit approval needed<\/li>\n\n\n\n<li>Interest paid goes back into your account<\/li>\n\n\n\n<li>Lower rates than many personal loans<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Contro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Missed market gains on borrowed funds<\/li>\n\n\n\n<li>Loan becomes due if you leave your employer<\/li>\n\n\n\n<li>Potential tax penalty if not repaid<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"512\" height=\"512\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/06\/Borrow-against-assets-to-avoid-capital-gains-1-512x512.png\" alt=\"Borrowing against your assets\" class=\"wp-image-175691\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/06\/Borrow-against-assets-to-avoid-capital-gains-1-512x512.png 512w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/06\/Borrow-against-assets-to-avoid-capital-gains-1-300x300.png 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/06\/Borrow-against-assets-to-avoid-capital-gains-1-150x150.png 150w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/06\/Borrow-against-assets-to-avoid-capital-gains-1-768x768.png 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/06\/Borrow-against-assets-to-avoid-capital-gains-1.png 825w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How borrowing against bonds works<\/h3>\n\n\n\n<p>You pledge high\u2011quality bonds as collateral to a lender.<\/p>\n\n\n\n<p>The bonds remain your property, and you continue to earn interest or dividends on them during the loan period.<\/p>\n\n\n\n<p>The lender evaluates the face value of the bonds based on its credit rating and remaining maturity, then decides the loan amount you can borrow.<\/p>\n\n\n\n<p>Interest is charged on the borrowed amount, and your bonds remain in your account but are restricted until repayment.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Pros and cons of borrowing against bonds<\/h4>\n\n\n\n<p><strong>Pro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lower interest rates than unsecured loans<\/li>\n\n\n\n<li>Predictable collateral value<\/li>\n\n\n\n<li>No capital gains event when borrowing<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Contro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Credit risk if issuer defaults<\/li>\n\n\n\n<li>Reduced yield if coupons are redirected to pay interest<\/li>\n\n\n\n<li>Potential margin calls if bond market values plunge<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How to borrow against ETF<\/h3>\n\n\n\n<p>Like the other securities, lenders assess the market value, liquidity, and quality of your ETFs. Highly liquid, blue-chip ETFs are preferred.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Pros and cons of borrowing against ETF<\/h4>\n\n\n\n<p><strong>Pro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Diversified collateral<\/li>\n\n\n\n<li>Lower volatility ETFs offer more stable borrowing base<\/li>\n\n\n\n<li>Simpler margin requirements compared to individual stocks<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Contro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Limited loan-to-value (LTV) for thematic or niche ETFs<\/li>\n\n\n\n<li>It could be harder to sell or borrow during market stress<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How does borrowing against life insurance work?<\/h3>\n\n\n\n<p>Borrowing against&nbsp;life <a href=\"https:\/\/adamfayed.com\/it\/insurance\/\">assicurazione&nbsp;<\/a>works by taking&nbsp;a loan from the&nbsp;cash value accumulated&nbsp;in a permanent&nbsp;life insurance&nbsp;policy, such&nbsp;as whole life&nbsp;or universal&nbsp;life.&nbsp;<\/p>\n\n\n\n<p>Term life policies do not have cash value and cannot be borrowed against.<\/p>\n\n\n\n<p>The insurance company lends you money using the policy\u2019s cash value as collateral, without requiring a credit check or lengthy approval process.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Pros and cons of borrowing against life insurance<\/h4>\n\n\n\n<p><strong>Pro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No application process or credit score needed<\/li>\n\n\n\n<li>Tassi di interesse competitivi<\/li>\n\n\n\n<li>Flexible use of funds<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Contro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Unpaid loans reduce the death benefit<\/li>\n\n\n\n<li>Policy may lapse if loan interest pushes costs too high<\/li>\n\n\n\n<li>You can only borrow once sufficient cash value has accumulated<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How does loan against property work?<\/h3>\n\n\n\n<p>A loan against property (commonly a home equity loan) allows you to borrow money using the equity you have built up in your home as collateral.<\/p>\n\n\n\n<p>Equity is the difference between your home&#8217;s current market value and the outstanding mortgage balance.<\/p>\n\n\n\n<p>The lender assesses your home&#8217;s appraised value and your existing mortgage to determine how much you can borrow.<\/p>\n\n\n\n<p>Interest rates are usually fixed, and the loan functions like a second mortgage. If you fail to repay, the lender can foreclose on your home to recover the debt.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Pros and cons of borrowing against your home<\/h4>\n\n\n\n<p><strong>Pro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lower interest rates than personal or credit card loans<\/li>\n\n\n\n<li>Access to large amounts of capital<\/li>\n\n\n\n<li>Retain ownership and potential appreciation<\/li>\n\n\n\n<li>Interest may be tax-deductible (check your local laws)<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Contro:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Risk of losing your property if you can\u2019t repay<\/li>\n\n\n\n<li>Slow approval process<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Borrow against assets to avoid capital gains tax<\/strong><\/h2>\n\n\n\n<p>Instead of selling an asset and triggering capital gains taxes, some investors choose to borrow against it.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You keep ownership.<\/li>\n\n\n\n<li>You defer taxes.<\/li>\n\n\n\n<li>You gain liquidity without realizing a taxable event.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>It is a widely used tax strategy, often referred to as the &#8220;buy, borrow, die&#8221; approach.&nbsp;<\/p>\n\n\n\n<p>This strategy is especially favored by wealthy households to minimize tax burdens on large, appreciated portfolios.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Domande frequenti<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Can I get a loan against my investments?<\/h3>\n\n\n\n<p>Yes, you can. It\u2019s called a securities-backed loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How do the rich borrow against assets?<\/h3>\n\n\n\n<p>They leverage large portfolios or real estate holdings to secure low-interest loans, sometimes indefinitely rolling over debt while maintaining ownership of appreciating assets.&nbsp;<\/p>\n\n\n\n<p>This approach, dubbed buy, borrow, die (as mentioned earlier), allows them to live off borrowed funds while their assets grow.<\/p>\n\n\n\n<p>They typically have access to sophisticated lending solutions, such as portfolio lines of credit or securities-backed loans, with favorable terms.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How does borrowing against your own money work?<\/h3>\n\n\n\n<p>It usually means taking a loan against a cash-value life insurance policy, retirement account, or <a href=\"https:\/\/adamfayed.com\/it\/investment-options\/savings-account\/\">risparmio<\/a>, where you\u2019re using your own funds as collateral to get a low-interest loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Can I use a savings account as collateral?<\/h3>\n\n\n\n<p>Yes. You can take a secured personal loan using your savings account or <a href=\"https:\/\/adamfayed.com\/it\/investment-options\/certificate-of-deposit\/\">certificate of deposit<\/a> (CD) as collateral. These loans have low rates but you can\u2019t access the collateral until it\u2019s paid off.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Siete afflitti dall'indecisione finanziaria? <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"512\" height=\"288\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-512x288.jpg\" alt=\"\" class=\"wp-image-117505\" style=\"width:683px;height:auto\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-512x288.jpg 512w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-300x169.jpg 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-768x432.jpg 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-scaled.jpg 825w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/it\/become-adams-client\/\">Diventa mio cliente<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/it\/good-match-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fare il quiz sull'idoneit\u00e0 del cliente<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/it\/contact\/\" target=\"_blank\" rel=\"noreferrer noopener\">Contatto<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Adam \u00e8 un autore riconosciuto a livello internazionale in materia finanziaria con oltre 830 milioni di visualizzazioni di risposte su Quora, un libro molto venduto su Amazon e un contributo su Forbes.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Can you borrow against assets? Yes, and it\u2019s a strategy used by many expats, investors, and business owners to unlock liquidity without selling. Borrowing against your assets means using what you already own as collateral to access a loan. But how does it actually work and what exactly can you borrow against? This post covers [&hellip;]<\/p>","protected":false},"author":14,"featured_media":175687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10166176115445471_100883565069113":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[11618],"tags":[],"class_list":["post-175681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth-asset-management"],"_links":{"self":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts\/175681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/comments?post=175681"}],"version-history":[{"count":3,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts\/175681\/revisions"}],"predecessor-version":[{"id":178653,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts\/175681\/revisions\/178653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/media\/175687"}],"wp:attachment":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/media?parent=175681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/categories?post=175681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/tags?post=175681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}