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Friday, May 20, 2011
Your Assets Pay For Your Liabilities
Bottom line is do not buy the liabilities first , buy your assets first and let your assets pay for your liabilities , you can live a luxurious life and still be rich you just have to be financially educated do not take your liabilities for assets as most people do , most people for example think that their home is an asset , well no it is a liability because it take money from your pocket every month , while an asset is supposed to bring money into your pocket every month ...big difference ! do not deprive yourself , buy any liability that you want nice house nice car etc , but first buy assets which will later on pay for your 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.
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 vs liabilities
The US Government owns the COMEX
Bob Chapman on Radio Liberty 20 May 2011
Bob Chapman : ...I think the idea of the government , the CME which owns the COMEX and the naked short such as Morgan and HSBC in Silver they decided we just going to take the market down and they got away once with it before , they are not going to get away with it this time ...there should be an investigation , ...the gold and silver market looks like it may have bottomed right now says Bob Chapman of the International Forecaster ....
Labels:
COMEX
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