What Schools Will Never Teach You About Money By Robert T. Kiyosaki
FAQ What makes you so sure your assets are safe assets? Short Answer
Download 5.81 Mb. Pdf ko'rish
|
UnfairAdvantageDownload
FAQ
What makes you so sure your assets are safe assets? Short Answer They produce cash flow in good economies and bad economies, with tax incentives. Explanation Throughout history, paper money has come and gone. There was the Continental during the Revolutionary War and the Confederate dollar during the Civil War. Although both currencies collapsed and became worthless, there was still an economy with people working, buying, selling, and trading. In other words, the money became worthless, but the economy kept going. Many people have become extremely wealthy during financial collapses. Great assets become available for next to nothing. The problem is that people who were trained to look for a job, like my poor dad, cannot tell the difference between assets or liabilities. I invest in assets that are essential to the economy. I invest in apartment buildings because people need a roof over their head. Most people would rather pay rent than live under a bridge. The government also gives rent subsidies for people without money. If the economy collapses, the government will most likely print money and give money (even if Chapter Five Unfair Advantage 171 170 FAQ Can you tell a rich person from a poor person by looking at their financial statement? Short Answer Yes. Explanation That is why your banker asks for your financial statement, not your report card. When you look at a person’s financial statement, you can tell what is important to that person. You can also predict the person’s future. My asset column: it is worth less and less) to the owners of the apartment houses. With this inflated money from the government, I will pay off my millions in debt with counterfeit money. If the economy collapses, the government will help me pay off my assets simply because the government does not want millions of people on the streets. I invest in oil because oil keeps the world running, fed, and warm. And I invest in gold and silver because, when governments print money, gold and silver retain their intrinsic value. There are many different types of assets that are essential to the economy. Find the ones that interest you. Download 5.81 Mb. Do'stlaringiz bilan baham: |
Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©fayllar.org 2024
ma'muriyatiga murojaat qiling
ma'muriyatiga murojaat qiling