Thursday, August 30, 2012

Robert Kiyosaki : I use Debt instead of Money

Robert Kiyosaki on Goldseek radio 28 August 2012 : I use Debt instead of Money , I don't go for capital gain , I buy for cash flow , we have this baby boom generation 80 million strong and ninety percent of them don't have money the government just cannot afford to pay for their social security and medicare , I don't look at house as an asset I look at a house as how much income can I get from it , gold and silver are real money , Robert Kiyosaki like silver in particular because it is a metal used in electronics so the more electronics we get the more silver we will need , Kiyosaki recommends looking at the demographics especially the baby boom generation which he calls baby bust generation

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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