Keiser Report: Robert Prechter on asset bubbles (10Aug13)
Max Keiser talks to Robert Prechter of ElliottWave.com about debt, deflation and hyperinflation. Regarding the latter, Prechter asks, "if central banks were interested in hyperinflation, then where were the helicopter drops for Cyprus?" As there is no such thing as magic money, it won't happen, he says.
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Saturday, August 10, 2013
Buy Assets not Liabilities
Robert Kiyosaki : Know the difference between an asset and a liability, and buy 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.
Labels:
Assets,
Liabilities
Robert Kiyosaki : Bad deals chase the money, while the money chases good ones.
Robert Kiyosaki : Bad deals chase the money, while the money chases good ones.
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.
Kiyosaki : The poor and the middle class work for money. The rich have money work for them
Robert Kiyosaki : The poor and the middle class work for money. The rich have money work for them
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 : If you want to be rich you need to think independently
Robert Kiyosaki : If you want to be rich you need to think independently rather than go along with the crowd.
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 : A person who has a loser mentality will always lose no matter what stock, bond, real estate or mutual fund they buy.
Robert Kiyosaki : A person who has a loser mentality will always lose no matter what stock, bond, real estate or mutual fund they buy.
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 rich buy assets. The poor have expenses. The middle class buy liabilities they think are assets.
Robert Kiyosaki : The rich buy assets. The poor have expenses. The middle class buy liabilities they think are 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.
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