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
bet97/158
Sana27.07.2023
Hajmi5.81 Mb.
#1662894
1   ...   93   94   95   96   97   98   99   100   ...   158
Bog'liq
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:
1   ...   93   94   95   96   97   98   99   100   ...   158




Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©fayllar.org 2024
ma'muriyatiga murojaat qiling