Saturday, March 9, 2013

What is Robert Kiyosaki Investment Strategy ?


Robert Kiyosaki ‏: Keep expenses low, reduce your liabilities, and diligently build a base of solid assets.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki : The problem with a job is relying on others to give you a living


Robert Kiyosaki : The problem with a job is that relying on others to give you a living is the biggest risk of all.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki : Asset can be anything as long as it has value


Robert Kiyosaki : Asset can be anything as long as it has value, produces income or appreciates, and has a ready market. Assets put money IN your pocket.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Marc Faber – How The Last Gold Bubble Worked

“I lived through the last gold bubble between 1978 and January 1980. The whole world, whether you were in the Middle East or in Asia or Europe or in America was trading London gold, buying and selling every day.”
“This has not happened yet, and it hasn’t happened. Your friends, the deflationists, have been telling people that gold will collapse to $200 an ounce for the last 10 years and that’s it was in a bubble.”
“[They] said it [gold] was in a bubble at $500; they said it at $600, and they’re still maintaining it. So a lot of people they don’t own it; they bought it and sold it again. But in the meantime, gold has moved into sold hands.”
- Marc Faber
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