The Rich Buy ...

in life •  12 days ago

The Rich Buy Cashflow Producing Assets 640 x 270px.png

And the poor buy ...

I'm currently in the process of rereading Second Chance by. Robert T. Kiyosaki. I read it about two years ago and I decided to give it another go. Like a refresher course. I am about half way through it. 👁️‍🗨️

For the most part and according to the book 95% of the people out there are pretty much doomed in terms of their financials if they don't get their Financial Education.

Anyways, the Rich buy cash flow producing assets and the poor buy liabilities. This is one of the main differences between the rich and poor.

Where do you find yourself? ... Something to think about ...

The Book (Second Chance) 640 x 270px.png

This is it from me for now.

To my fellow Steemians,
Thanks for being here. You're awesome and I appreciate you …

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great insight ! upvoted 🤗

What does he mean by liabilities?

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Takes money out of your pocket. He recommends buying cash flow producing assets.

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Lucky we're in the cryptocurrency phase haha

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I hope so. I see more and more professional investors getting involved. This must be a good indication of what's to come from crypto in the future. The Bitcoin bull run over the last couple of weeks has been mad. I hope it does not take the same Bear run. LOL ... Let's see ...

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Now it's Iota's turn!

Hi @shaunbeingsocial, you have a great blog here.
Hope to hear more from you... Steem On

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