Quotes About Investment

Today, I have expensive attorneys, accountants, real estate brokers, and stockbrokers. Why? Because if, and I do mean if, the people are professionals, their services should make you money. And the more money they make, the more money I make. We

I just could not pass up these small deals.

If I make great profits in the stock market, I pay my capital-gains tax on the gain and then reinvest what's left in real estate, again further securing my asset foundation.

Remember what I said before: A job is only a short-term solution to a long-term problem.

The government will even lend you the money to fix up or rehabilitate the project if you qualify.

My income is higher because I use the leverage of assets rather than the leverage of my labor.

By starting our own business, the comic-book library, we were in control of our own finances, not dependent on an employer. The best part was that our business generated money for us, even when we weren't physically there. Our money worked for us. Instead of paying us money, rich dad had given us so much more.

I don't like consumer debt. I actually have liabilities that are higher than 99 percent of the population, but I don't pay for them. Other people pay for my liabilities. They're called tenants.

it takes shopping and looking at over 100 properties to buy one property.

My next goal would be to have the excess cash flow from my assets reinvested into the asset column. The more money that goes into my asset column, the more my asset column grows. The more my assets grow, the more my cash flow grows. And as long as I keep my expenses less than the cash flow from these assets, I grow richer with more and more income from sources other than my physical labor. As this

His profession is accounting, but his business is real estate.

We bought it out of foreclosure from a bank.

The fear of losing money is real. Everyone has it. Even the rich. But it's not having fear that is the problem.

and that income can be passed on for generations to come.

Most of us have heard that the secrets to great riches and wealth are: • OPT — Other People's Time • OPM — Other People's Money

It cost a valuable asset, my time, to go out looking for them.

It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.

Loss of education. Too often, people count their house and savings and retirement plans as all they have in their asset column. Because they have no money to invest, they simply don't invest. This costs them investment experience. Most never become what the investment world calls "a sophisticated investor." And the best investments are usually first sold to sophisticated investors, who then turn around and sell them to the people playing it safe.

I am not saying don't buy a house. What I am saying is that you should understand the difference between an asset and a liability. When I want a bigger house, I first buy assets that will generate the cash flow to pay for the house.

The reason I minimize my income is because I don't want to pay it to the government. That is why my income comes from my asset column, through a Nevada corporation. If I work for money, the government takes it.

So we become rich by becoming partners with the government?

I will move my money in for a week to a month while the stock moves up. Then I pull my initial dollar amount out, and stop worrying about the fluctuations of the market, because my initial money is back and ready to work on another asset. So my money goes in, and then it comes out, and I own an asset that was technically free.

portafolio de inversiones

Rich people acquire assets. The poor and middle class acquire liabilities