The rich are different from the rest of us, if for no other reason than U.S. tax
and securities laws allow them to invest in ways that keep us from catching
up to them.
That's why 90 percent of all corporate shares of stock are owned by 10
percent of the people. Kiyosaki believes it's possible for anyone to move up
into that 10 percent, but it takes a different view of investing than most
people have: it takes a plan to be a successful investor. And a plan is more
than simply buying and selling, or collecting "assets" that bring in no cash and
are thus more akin to liabilities.
The way most people invest, "they might as well be pushing a wheelbarrow in
a circle," he writes. A plan is "mechanical, automatic, and boring," a formula
for success that has worked historically for most of those who've used it.
Kiyosaki's "rich dad" (actually, the father of his best friend) tells him the
simplest analogy is the game Monopoly: buy four green houses, trade them
for one red hotel, and repeat until you become rich.
and securities laws allow them to invest in ways that keep us from catching
up to them.
That's why 90 percent of all corporate shares of stock are owned by 10
percent of the people. Kiyosaki believes it's possible for anyone to move up
into that 10 percent, but it takes a different view of investing than most
people have: it takes a plan to be a successful investor. And a plan is more
than simply buying and selling, or collecting "assets" that bring in no cash and
are thus more akin to liabilities.
The way most people invest, "they might as well be pushing a wheelbarrow in
a circle," he writes. A plan is "mechanical, automatic, and boring," a formula
for success that has worked historically for most of those who've used it.
Kiyosaki's "rich dad" (actually, the father of his best friend) tells him the
simplest analogy is the game Monopoly: buy four green houses, trade them
for one red hotel, and repeat until you become rich.
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