Showing posts with label Unfair Advantage. Show all posts
Showing posts with label Unfair Advantage. Show all posts

Monday, May 9, 2011

Unfair Advantage by Robert Kiyosaki - Book Summary

Launched in 31th March 2011, Robert Kiyosaki “An Unfair Advantage: The Power of Financial Education” latest book : An unfair advantage is learning how to create infinite returns. That is to continually acquire assets that grow in value and reinvest the returns into buying more assets and so on so that you become richer every year, about a year ago , Robert Kiyosaki has already filmed a documentary with the same title An unfair advantage and has received worldwide exposure



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.

Friday, April 15, 2011

Robert Kiyosaki : Unfair Advantage The Power of Financial Education

Robert Kiyosaki : The Financial education is your biggest asset

Robert Kiyosaki : "Financial education is the answer to all 5 scenarios. Knowledge helps you over come everything, not just one thing." via his Twitter feed , "What the rich teach their kids about money that the poor and middle class do not,"



Robert Kiyosaki : you need to learn how to leverage , how to get greater income ...a house is not an asset , there will always be boom and busts , the rich will get richer simply because they can print money faster than a person working for it can earn it...The US uses 18 tons of ink everyday to print money they are printing money 24/7 , for every dollar we have in America 4 dollars are outside the country and we do not know what they are doing with it ...there is so much of the reporting that it is not accurate and that's why we need to be smarter today ...you need to keep increasing your money because the government will print it faster than you earn it ....The biggest predatory animal out there is the government ....If China will say we are not going to lend you any more money they'll have to raise taxes ...savers are losers , when you put your money in the bank and you get 5% interest , while inflation is actually at 15% , your purchasing power will continue to decrease the fixed income the poor the retired they are in big trouble right now...the greatest asset is the financial education....money is not money it is a currency after 1971 ...the 401K is the most highly taxed vehicle you could put your money into ...real estate is taxed zero , you can make millions of dollars taxed zero legally ...if you wanna lose weight you should not starve yourself it makes the problem worse , so I do not believe in living below my means ......
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