Legendary business icons Donald Trump and Robert Kiyosaki share their inside secrets for building entrepreneurial wealth.
In October 2005, I was in New York City, speaking on the business of real estate and real estate investing. One of the other keynote speakers was Donald Trump. After my talk, a young man came up to me and said, "Nice talk, but you can't do what you talk about here in New York City."
Many of Wall Street's elite firms were being required to pay tens of millions of dollars in fines to investors, according to media reports. The penalties are for alleged bad investment advice, courtesy of New York State Attorney General Eliot Spitzer.
Words have the power to make you rich -- or keep you poor. For example, you have to know the difference between an "asset" and a "liability." An asset is something that puts money in your pocket, and a liability takes money from it.
Warren Buffett, one of the world's greatest investors, said, "Diversification is a protection against ignorance. It makes very little sense for those who know what they are doing."