RICH DAD’S GUIDE TO INVESTING (BY ROBERT KIYOSAKI)




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Follow in the footsteps of the rich, not the poor. This is a top 5 takeaway summary of Rich Dad’s Guide to Investing, by Robert Kiyosaki – a man who grew up learning the importance of this first-hand.

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Top 5 Takeaways from Robert Kiyosaki’s Rich Dad’s Guide to Investing:
00:00 Intro
1:14 1. Create Assets, That Buy Assets
3:37 2. Use Debt as a Lever
5:49 3. Maximize Expenses, Minimize Income
8:20 4. Acquire the Thee E´S
11:01 5. Start TODAY

TL;DW:

– Build your money-machine by creating an asset that acquires additional assets.
– Once you have a working formula, embrace debt as a friend, and use it to leverage your cash-flow
– Minimize income withdrawn and maximize expenses that can help you excel
– To be able to size financial opportunities you need education, experience and excess cash
– You need to right only once – start today

My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett – the greatest investor of our time – says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.

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