Quotes About Wealth

instead of investing in a mutual fund or public stock, the rich have invested via a private placement memorandum, also known as a 506 Reg D.

Investing in mutual funds is investing at the end of the food chain.

I turned $5,000 cash into a one-million-dollar asset producing $5,000 a month cash flow in less than six years.

If I pay myself first, I get financially stronger, mentally and fiscally.

Today, McDonald's is the largest single owner of real estate in the world, owning even more than the Catholic church. McDonald's owns some of the most valuable intersections and street corners in America and around the globe.

regardless of the market, the rich are always offered private investments that are not offered to the general public.

Professional investors are people who risk little of their own money and yet still make the highest returns.

Remember, bankers love debtors because debtors make the bank rich.

If a young couple would put more money into their asset column early on, their later years would be easier. Their assets would have grown and would be available to help cover expenses. All too often, a house only serves as a vehicle for incurring a home-equity loan to pay for mounting expenses.

To me, that is leverage worth living for.

the rich will get richer because they will be involved in pre-IPO offerings.

Es sólo que yo me pago primero a mí mismo. Incluso antes de pagarle al gobierno.

Too much greed, however, as anything in excess can be, is not good.

They will be investing in the hot companies of the future, companies that we have not heard of yet. They

Es sólo que yo me pago primero a mí mismo. Incluso antes de pagarle al gobierno. Mi columna de activos es más importante que el gobierno.

Chapter Seven - OVERCOMING OBSTACLES The primary difference between a rich person and a poor person is how they manage fear.

They will invest in companies and real estate projects that the average person will hear about only after the profits have been made.

Think and Grow Rich

My rich dad used to say to his son and me that the only difference between a rich person and a poor person is what they do in their spare time.

Taxes are highest on earned income. The least-taxed income is passive income.

war between the haves and have-nots has raged for hundreds of years. The battle is waged whenever and wherever laws are made, and it will go on forever. The problem is that the people who lose are the uninformed: the ones who get up every day and diligently go to work and pay taxes. If they only understood the way the rich play the game, they could play it too.

One way rich dad had his son and me expand our realities was through reading biographies of people who lived the lives we wanted to live. For example, rich dad had us read the biographies of John D. Rockefeller

The same is true in investing. The rich get richer because they pay the wholesale price rather than the retail price.

The sophisticated investor is someone who has money and understands both fundamental investment techniques as well as technical trading techniques.