How To Invest In Yourself - ROBERT KIYOSAKI - Rich Dad, Poor Dad - London Real

Randy boy

Junior member
13 3
-Rich don't work for Money!.
-Your house is not an Asset.
-Savers are losers.

This video will change your life!

 

1nvest

Well-known member
320 111
-Rich don't work for Money!.
-Your house is not an Asset.
-Savers are losers.

This video will change your life!

Until you're rich you do, so get to rich first.
You're house is an asset, but like any asset it can also depreciate in value. so treat it as an asset, and it will be
Savers are not losers, it all depends what a saver does with his/her money

the video wont change your life, it will only change your perspective. because you are likely still stuck on the first point
 
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Randy boy

Junior member
13 3
Until you're rich you do, so get to rich first.
You're house is an asset, but like any asset it can also depreciate in value. so treat it as an asset, and it will be
Savers are not losers, it all depends what a saver does with his/her money

the video wont change your life, it will only change your perspective. because you are likely still stuck on the first point
Asset - Something put money into your pocket.
Liability - Something put money out of your pocket.

Savers wont be losers if they produce "Assets - Something put money into your pocket" from them.

I respect your opinions.



 

1nvest

Well-known member
320 111
Asset - Something put money into your pocket.
Liability - Something put money out of your pocket.

Savers wont be losers if they produce "Assets - Something put money into your pocket" from them.

I respect your opinions.



You can own a home, which puts money in your pocket.
you owe £1,000,000 for it and you get £1000 per month rental income. money in your pocket (ROI notwithstanding)
Your home is now worth £500,000
something putting money in your pocket does NOT, by any stretch of the imagination, make the above an asset.

Perspective
 
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