What Schools Will Never Teach You About Money By Robert T. Kiyosaki
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Bonus FAQ #2: Do I Need a Coach?
FAQ When do you hire a coach? Short Answer When something is important to you. Explanation Professionals have coaches and amateurs do not. Superman and Wonder Woman exist only in comic books. The rest of us are human beings. All professional athletes have coaches. They may be talented, but they know they are not Supermen or Wonder Women. I know I am not Superman. If I were, I could do everything I wanted. Life would be easy. And while I may not be Superman, I know I have untapped power and potential. I know I need to be pushed if I want to access that power and maximize my potential. When I know I need to be pushed, held accountable, challenged to go beyond my resistance, my laziness, my limitations, I hire a coach—if what I want is important to me. Recently a close friend died. He was a young man. He was a great guy and very successful in every area of his life, except his health. Rather than hire a coach, change his diet, and stop drinking, he simply worked harder. He, like so many, let his health deteriorate while he focused on earning more and more money. Today he is dead, leaving behind a young wife and two kids. In my opinion, entrepreneurship requires the highest level of financial education. Entrepreneurs are also the richest people in the world. Real estate requires the second highest level of financial education. Paper assets are the easiest to get into. You can invest with a few dollars—or millions of dollars. Paper assets are also the riskiest of the asset classes, especially in a volatile economy. Commodities require the least financial education. If you invest in precious metals such as gold and silver, all you have to know is how much money central banks are printing and how much debt the country you live in is carrying. In the United States, gold and silver have been a good investment since 1998. All you have to do is buy and hold. How long the precious-metals market will remain a good market for investors will depend upon the actions of our world leaders. If our leaders do a good job, gold and silver will decline in value. If our leaders are incompetent, gold and silver will go through the roof. Download 5.81 Mb. Do'stlaringiz bilan baham: |
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