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Wisdom of Rich Dad

Wisdom of Rich Dad
Layman's view of the teachings and learnings from Robert Kiyosaki books such as Rich Dad, Poor Dad and Cashflow Quadrant
Articles: 1, 2, 3, 4, 5, 6, 7

Articles

Investment habits to avoid
2007-09-07 14:23:00
Martin Theuri KAMPALA These simple rules have stood the test of time when it comes to investing. Avoid the temptation to run with the crowd: The crowd tends to get whipped into frenzy ahead of an earnings announcement, while investors buy based on their positive expectations. The theory of contrary opinion says that, “the crowd will always ...
More About: Investment , Habits , Bits , Abit
Decide to be rich (Part II)
2007-09-04 23:34:00
Step Six : Give Yourself TimeIt takes time to build a business as well as an investment portfolio. Building a business is not the same as getting a job. With a job, you expect to be paid soon after starting work. With a business, you may not be paid for years, if you are paid ...
More About: Rich , Part , Cide
Decide to be rich (Part I)
2007-09-02 07:32:00
Today, because of the multitude of choices we all have, it is easy to get distracted from where we want to go in life. I offer you a few suggestions on how to find your path and stay on your path to great wealth, if you should choose to do so. One night in 1975, ...
More About: Rich , Part , Cide
America?s Cheapest Family
2007-08-31 12:55:00
While most Amercian are struggling with credit card debts, a frugal family of 7 lives debt-free on $35,000 a year!!! Meet Amercia’s Cheapest Family –> http://cosmos.bcst.yahoo.com/ver/237/popu p/index.php?cl=3892900
More About: Video , America
Financial statement - it?s not as hard as you think
2007-08-28 13:29:00
Robert Kiyosaki stressed in his Rich Dad books on the importance of being financially literate.  And among other things, learning and keeping a financial statement is a important element of being financially literate. I always have the impression that learning to read a financial statement and keeping one is a tedious effort that will require me to spend perhaps a full ...
More About: Financial , Hard , Fina , Statement , Temen
Some people are richer than others
2007-08-25 17:30:00
Robert Kiyosaki I was speaking on financial intelligence a few months ago to a group of university professors in Singapore. At the end of the talk, one of the professors asked me, “Where did you learn about business and why do some people make more money than others?” Responding to the first half of his question I ...
More About: People , Some , Richer
Entrepreneur and financial knowledge
2007-08-23 16:17:00
What do you need to be an entrepreneur?  What is the critical success factor for an entrepreneur?  Is it the hard work, the mindset, the ingenious and creative mind, the street smart knowledge? Well, the author in this post believes that having a good financial education and being financial literate is a critical component for an ...
More About: Entrepreneur , Financial , Knowledge , Fina , Rene
Matter of child?s play
2007-08-21 16:12:00
by Claire Low IN THE game of Monopoly anyone can be a real estate tycoon buying up whole streets, building houses only to tear them down to erect hotels, being thrown into jail more times than the hardest of criminals and extracting money from the hands of one’s opponents. It’s fun and possibly educational as it requires ...
More About: Play , Matter , Child
Raising capital for equity investment
2007-08-16 16:10:00
By Ayeromara Peter  When most people think of investing, they feel it is all about just putting their money, either in their Savings or Retirement Account, and carry on with a life of hard work. They think that in those accounts, their money is working for them . When inflation, which is one of our greatest economic ...
More About: Investment , Capital , Equity
Challenge Your Saving Mindset
2007-08-13 15:32:00
If you’re like the most people, the thought of saving money conjures up thoughts of endless budgeting that denies you from enjoying the fruits of your labor now. What if we asked you to challenge your perceptions about saving? Let’s dissect some of the most popular theories many people have about saving. Are you one of the ...
More About: Challenge , Mindset , Saving , Ving , Halle
Preparing kids for school? and for life
2007-08-11 07:13:00
Question: As my three kids get ready to go back to school, I want to talk to them about managing their allowance and being more responsible with their spending. What some of my friends do is give their children a very small allowance and instead make them bring food to school, but as my eldest ...
More About: Life , Kids , School , Prep
10 Things You Need to Know When Starting Your Own Home Business
2007-08-07 16:27:00
Deciding on becoming an entrepreneur is only the first step of a long journey. There are lots of planning involved, preparations, and in some cases, even red tape. Here are ten things you need to know when starting your own business: 1. Know what you will do. When making the decision to start a home business, ...
More About: Business , Home Business , Home , Things , Sine
Teaching Children About Importance of Finance
2007-07-05 16:06:00
Many children find themselves hopelessly in debt after leaving home. They go off to college, wanting to take on the world. The independence they suddenly experience leads to decisions that are not always best for them. Many of them have not had to deal with financial responsibilities. They are lured into credit card and loan ...
More About: Children , Finance , Teaching , Finan , Teac
Sell Swell
2007-06-14 15:57:00
By Robert Kiyosaki When I speak to entrepreneurs, I’m often asked the same question: “How do you raise money?” Most people don’t like my answer. In 1974, I asked my rich dad the same question. I was getting out of the Marine Corps and had decided I would become an entrepreneur. My rich dad answered, “The number-one skill ...
More About: Business , Sell , Well , Swell
Investing risk
2007-06-13 05:18:00
I got this from a friend via email.  Not sure who the author is, but they are good points to note while learning to invest.  There are four major risks that investors face when investing in stocks. Risk #1: The economy The most pressing risk of investing in the stock market is that the economy can always take a downturn. A ...
More About: Investment , Investing
Business and Investing are Team Sports
2007-06-09 20:28:00
by Sharon Lechter CPA, co-author of Rich Dad series of books  Rich Dad said, “If you want to be rich, who you know is more important than what you know.” He explained further, saying, “Business is a team sport and investing is a team sport. The average investor or small-business person loses financially because they do not ...
More About: Sports , Investment , Investing , Team
12 months plan to become a real estate investor
2007-06-07 14:56:00
Want to be like Robert Kiyosaki and get rich via investing into real estate? Then you have to start learning how to become a real estate investor!
More About: A Real Estate , Estate , Real Estate , Investor , Real
Think Rich to Lower Your Taxes
2007-06-01 11:55:00
- Robert Kiyosaki   Tax season always means a deluge of tax advice. Unfortunately, most of it is futile and lightweight. I say that because most people work for their money rather than have their money work for them. The problem with working for your money is that you pay more in taxes as your income goes up. ...
More About: Taxes , Rich , Lower , Lowe
Audio of Kim and Robert Kiyosaki at National Publicity Summit
2007-05-31 16:05:00
10-minute audio of Kim & Robert Kiyosaki at Steve Harrison’s National Publicity Summit on how they sold 26 million copies of Rich Dad Poor Dad and have stayed on the New York Times Bestseller List for almost six years. Click here to start the audio
More About: Audio
In Control
2007-05-30 11:22:00
By Robert Kiyosaki   Most of us  have heard the phrase ?health, wealth and happiness.? But what actually brings health, wealth and happiness? Is it success, and success alone? My poor dad was a successful man. He had a Ph.D. and was well-respected and accomplished. But he had poor health, very little wealth and was rarely happy. He ...
More About: Control
5 Essential Real Estate Investment Tips
2007-05-25 04:55:00
By Terry Hurley Investing in real estate seems like a dream investment to many people. There is the opportunity to gain equity and perhaps generate a positive cash flow. The following investment tips are important to help the prospective buyer become successful as a real estate investor. Investment Tip #1 - Decide if your your investment goals ...
More About: Estate , Real Estate , Real Estate Investment , Tips
Education Hinders Wealth?
2007-05-24 07:30:00
By Robert Kiyosaki THE principles of making money are surprisingly simple. You do not have to be intelligent or well-educated to be rich. We need no verification of that. Most of us know at least one wealthy person who is neither educated nor smart. In fact, judging by the number of poor people with PhDs, higher education must actually be ...
More About: Education , Wealth , Ducati , Duca
?On the Road? - Robert Kiyosaki with Dolf De Roos
2007-05-23 04:00:00
Robert Kiyosaki and Dolf De Roos revealed the 6-Steps how to invest in Properties and Real Estates 1. Decide To Be Investor 2. Find An Area 3. Identify Properties 4. Analyze, Offer and Negotiate 5. Put together the deal 6. Property Management
More About: Video , Investment , Robert Kiyosaki , Road , Robert
You aren?t rich because you are lazy
2007-05-21 07:22:00
By Robert Kiyosaki   Allow me to be politically incorrect: The No. 1 reason people aren’t rich is because they’re lazy. This is purely my opinion and no one else’s, and I have no scientific proof to back it up. Why the sudden honesty? I’ll tell you. One of the things I loved most about the Marine Corps was ...
More About: Rich , Because , Cause , Lazy
Secret of the Riches video
2007-05-20 08:06:00
This is a 20 min video of Robert Kiyosaki explaining about the secrets of the riches A classic video which you don’t want to miss!  (Just see how different he is on the video and how he looks now!)
More About: Video , Secret , The Riches , S Video
Employee vs. Entrepreneur
2007-05-19 04:21:00
By Robert T. Kiyosaki  In 1983, the Harvard Business School published “A Perspective on Entrepreneur ship,” a paper that defined the differences between entrepreneurs and employees. This paper, written by Professor Howard H. Stevenson, is one of the most articulate articles on this particular subject that I have read. While many differences were examined, I found two ...
More About: Robert Kiyosaki , Employee , Rene
Quicken your path to wealth?
2007-05-18 05:29:00
By now you would have heard a thousand times that to be finanically successful, one of the ways is to think and act like the rich, and learn to make your money work hard for you by investing them in good opportunities. But hey, what are good opportunites?  How about 40% return in a year!!!!  Before you empty ...
More About: Wealth , Investment , Path , Quicken
Is your kid smart and rich?
2007-05-17 08:09:00
Think that your kid is too young to learn about financial matters?  John-Paul Pigeon started reading the Rich Dad books at just 7 years old when he found Rich Dad Poor Dad. Now at a very mature 11 years old, he is one of the most business-aware young investors in Texas. Robert Kiyosaki was so impressed with ...
More About: Video , Smart
Are you CLEAR on your real estate investment?
2007-05-16 05:53:00
So often, beginning real estate investors focus on techniques that they lose sight of the important issue: Is this a good deal?  Learning to recognize a good deal takes research, education and, above all, experience. Here’s a good formula to determine whether a potential real estate purchase is a deal.  It’s a simple acronym called C.L.E.A.R. Cash ...
More About: Estate , Real Estate , Real Estate Investment , Investment , Real
TV interview Robert Kiyosaki will choose to forget!
2007-05-15 07:21:00
I am sure Robert Kiyosaki has done a fair number of TV interviews, but I guess this should be one which will be “unforgetable” to him. You have good interviewer and you have bad interviewer.  But this guy is really a moron.  He doesn’t have any interviewing skills and don’t think he really understand what Robert ...
More About: Video , Interview , Will
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