Monday, March 8, 2010

Invest in Assets

Robert Kiyosaki teaches the importance of buying an asset, i.e. something that generates money. He explains that a house is a liability and not an asset as the house creates expenses (loan repayments, electricity, upkeep) without generating income (unless you rent it out). Use your money, wherever possible, to buy assets:

• Real estate (from which you earn rental income)
• Stock
• Business tools or equipment
• Education


More posts on this topic to follow soon.
To read articles by Robert Kiyosaki and other successful authors, click here.

No comments:

Post a Comment