About Assets in the Rich Dad Poor Dad Books ?
In Rich Dad series, one important concept that they teach is invest in assets. ......o...k...... but do you know how many years it costs for someone on a normal middle class job to save up enough in order to be able to afford buying an "asset"? Real estates are assets, but how many years is it gonna take...... your salary has to goto daily expenses....rents...gas...bills....a little entertainment on the weekends....at the end how much can you really save up so you can buy an asset? will take a long long time...pls correct me if i'm wrong, im only in my early 20's... and also have you read "Rich Dad's Guide to Investing" ? how do you find the information in that book? useful? bob shark: man..i dont have a clue what you're saying loll but sounds very interesting i will look into it.....
Asked By: bobby b - 1/29/2007
Best Answer - Chosen by Asker
I love the series of books. First of all, you don't need to be wealthy/have money to invest. However, you need to invest to be wealthy. I used bank loans to start my investment portfolios, thanks to Kiyosaki's tips. B4, I had the mindframe of saving money in order to invest... More
Answered By: Muga Wa Kabbz - 1/29/2007
Additional Answers (4)
his books are probably the only investing books that i dont like, they are no help and he is clueless to the real world
Answered By: swenjj - 1/29/2007
I feel your pain, dude. I guess at first, yu have to find a way to increase your income using OPM. Good luck!
Answered By: Gee Wye - 1/29/2007
Don't borrow to invest...you will find the interest paid will offset your gain on the investment, and worse still, if the investment loses money, you will still have the loan... More
Answered By: bob shark - 1/29/2007
I, recently got involved with a company that preselects some of the best investments i`ve ever seen. They screen them so it lowers your risk. Check out one of there seminars. You can E mail me at firstname.lastname@example.org. www.thewealthkeys.com
Answered By: Mark L - 1/29/2007
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