As part of my involvement with Robert Kiyosaki’s book Unfair Advantage , he asked me to discuss the difference between amateur and professional investors. The difference is huge. With their lack of understanding, amateurs generally try to buy low and sell high. They try t...
https://www.richdad.com/worlds-best-investors-stock-market
1/19/2018 7:00:00 AM
Do you remember the children’s book “The Little Engine That Could?” In case you aren’t familiar, a long train needs to be pulled over a high mountain. Bigger engines are asked to take on the job, but refuse for various reasons. Much to everyone’s surprise, a small engine even...
https://www.richdad.com/little-entrepreneur-that-could
8/16/2018 7:00:12 AM
The question is in reference to the CASHLFOW® Quadrant seen below. For those who’ve already been initiated into the world of Rich Dad, you know the CASHFLOW Quadrant is a tool used by Robert to help describe the different ways people receive income. I won't go into great...
https://www.richdad.com/how-to-move-from-an-s-to-a-b
11/13/2018 4:30:56 AM
Last month, we answered the question, “What is a ‘B’ business?” We’re no longer in the Industrial Age. With the creation of the Information Age, we’ve had to redefine a “B” business. Where a big business used to require 500 employees or more, it currently only requires 50. ...
https://www.richdad.com/how-to-move-from-an-s-to-a-b-part-2
12/3/2018 2:07:21 PM
When we hear “IQ” we immediately think about educational intelligence. But what if I told you that your emotions have an IQ level. Would you believe me? Not too long ago I stumbled across this quote: “Sometimes our habitual thinking takes over and we end up complaining or ...
https://www.richdad.com/importance-of-emotional-intelligence
3/11/2019 8:13:58 PM
Rental properties have become more appealing since the huge housing market crash not too long ago. With people being more interested in renting than buying, investors are seeing more opportunities to make a return. However, there are several factors and things to be considere...
https://www.richdad.com/what-you-should-know-before-buying-a-rental-property
3/20/2019 7:00:32 AM
What happens after you’ve invested in the right property? Everyone likes to write about the exciting part: finding the investment. But no one likes to talk about managing the investment. I’ve seen amazing deals quickly go from million-dollar assets to worthless. Why? Because...
https://www.richdad.com/after-you-buy-your-first-property
5/1/2019 5:24:33 PM
As you already know there is risk in owning real estate. In doing so, you are dealing with tenants, vendors and even strangers who interact daily with your ownership of the property. And one of them can become injured (or can at least appear injured) and sue. While insurance...
https://www.richdad.com/how-to-hold-real-estate-as-an-investor
6/5/2019 8:52:24 PM
We talk a great deal about entrepreneurship here at Rich Dad. It’s because of Robert and Kim’s journey from excessive debt into the stratosphere of success that showed Lisa and I it’s not only possible, but provided a roadmap with their Choose to Be Rich product. Impleme...
https://www.richdad.com/entity-of-the-people
12/9/2019 7:04:21 PM
Would you take advice from a marriage counselor who has been divorced three times or a personal trainer who is overweight? If the answer is no, then why do we put our trust in teachers who are not committed to excellence or financial advisors who are broke? Instead, we shoul...
https://www.richdad.com/understanding-social-capitalism
5/4/2020 5:10:39 PM
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