One of the best pieces of business advice I ever got was "You can't do a good deal with a bad partner." Having had many partners over the years, I can say that this statement holds true. So I thought I'd offer some personal experiences I've had with partners both good and ba...
https://www.richdad.com/finding-business-partner
12/8/2014 2:17:39 PM
In 1972, I was flying a helicopter just south of the DMZ (the demilitarized zone), a line that separated North and South Vietnam. On that mission, my aircraft was not configured as a gunship. Instead, my assignment that day was not to fight, but to observe the battle below a...
https://www.richdad.com/peace-through-prosperity
12/8/2014 2:17:48 PM
In the late 1980s, my wife, Kim, and I began investing in small, single-family homes. When it was time to move on to bigger properties, we purchased a six-unit apartment building in downtown Portland, Ore. We paid only $105,000 for the building, and the owner allowed us to p...
https://www.richdad.com/betting-the-house
12/8/2014 2:17:49 PM
Gold recently dropped more than $100, or 14 percent, after hitting a 26-year high of $730 in mid-May. With that drop in price, I became a buyer of gold once again. Can the price of gold go lower? Absolutely. If it drops to $500 an ounce, I'll buy more. Let me tell you wh...
https://www.richdad.com/resources/articles/can-the-price-of-gold-go-lower-absolutely
12/8/2014 2:17:56 PM
Why the dollar is toast and you should move your “money” into better money I'm very bearish on the U.S. dollar and have been for years. The reason for this is both that I’m a student of history and because of my own experiences. I’ve been investing in commodities for de...
https://www.richdad.com/resources/articles/investing-go-for-gold-and-silver-not-green
12/8/2014 2:18:03 PM
A few weeks ago, I was at a financial conference giving an investing talk. A hand from the audience shot up as I talked about returns on investments of 50 percent, 1,000 percent, and infinite returns. "That's a load of rubbish," shouted the person attached to the hand waving ...
https://www.richdad.com/investing-edge
12/8/2014 2:18:05 PM
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." Many financial advisors recommend that you diversify for your own protection. What they fail t...
https://www.richdad.com/diversify-or-not
12/8/2014 2:18:09 PM
Think big, and muscle your way into success on a grand scale. While preparing to go to Vietnam in the early '70s, I received some of my best business training. In war, management of fear is constantly the issue. In actual combat, I noticed that fear created cowards out of ...
https://www.richdad.com/fear-factor
12/8/2014 2:18:15 PM
Is your company tough and tenacious or lithe and limber? There are two interpretations of "survival of the fittest." The first and more widely accepted is the idea of being competent and able--as in being physically fit. The first interpretation fits well with the saying, ...
https://www.richdad.com/building-the-better-biz
12/8/2014 2:18:15 PM
Legendary business icons Donald Trump and Robert Kiyosaki share their inside secrets for building entrepreneurial wealth. Adapted from "Why We Want You to Be Rich" by Donald Trump and Robert Kiyosaki Robert Kiyosaki’s View: Think Big, Think Expansion I grew up with...
https://www.richdad.com/trump-kiyosaki-wealth
12/8/2014 2:18:17 PM
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