What Schools Will Never Teach You About Money By Robert T. Kiyosaki

Short Answer 
To see the past, present, and future.
Explanation 
Technical investors use charts based upon facts to know the past, the 
present, and hopefully see the future. 
Pictured below is the chart for the price of gold over the past 10 years.
As you can see, gold has been climbing in price for ten years. 
FAQ
 
How do I reduce risk?
Short Answer 
Take control.
Explanation 
The opposite of risk is control. For example, if the brakes on your car 
went out, you have less control and risk would go up.
FAQ
 
What do I take control of?
Short Answer 
Your education.
Explanation 
When we are in school, we have very little control over what we learn 
and who our teachers are.
For example, at the military academy in New York, I was required to 
take three years of calculus. Every time I asked my teacher, “Why am 
I studying calculus?” his reply was, “Because calculus is a requirement 
for you to graduate.”
When I asked, “How will I use three years of calculus in the real 
world?” his reply was, “I don’t know.”
In the 40 years since I graduated, I have yet to use any of the calculus 
I learned. Simple math—addition, subtraction, multiplication, and 
division—is all I need to build and control my wealth.
If you are going to be a rocket scientist, you need calculus. If you just 
want to be rich, grade-school math is all that is required.
Earlier I stated that my rich dad advised me to learn three things if I 
wanted to follow in his footsteps. 
Reprinted with permission

---

Chapter Four
Unfair Advantage
145
144
What does the future hold? All I do is look at the latest trend of the 
U.S. dollar, pictured below, and I continue to buy and hold gold
and silver.
Obviously, charts are always changing as the economy changes, which 
is why a course on technical analysis is essential.
Charts allow you to see the past and present, and provide you with a 
better chance of accurately predicting the future. Charts reduce risk 
and may increase rewards. This is why rich dad recommended that I 
take classes on technical analysis, or charts, because charts are based 
upon facts, not opinions.