Quotes About Strategy

writing means selling in the world of insurance and in the world of options.

Rich Dad Lesson: "Savers are losers.

To get on the financial Fast Track, become an expert at solving a certain type of problem. Do not diversify like Type-B investors are advised to do. Become an expert at solving one type of problem, and people will come to you with money to invest.

If you are a true investor, it does not matter if the markets are going up or coming down. A true investor does well in any market condition.

Because it was the income he had to work the least for, it is often the least taxed

the poor and middle class invest in mutual funds and the rich invest in hedge funds.

bought a bigger house for the tax breaks that he never really got.

From Rich Dad Poor Dad, you may recall that Ray Kroc, McDonald's founder, said, "My business is not hamburgers. My business is real estate.

Robert holds a small portion of his assets in tax-lien certificates instead of CDs. Others tell him he shouldn't do this, but they're coming from a place of doubt. They've never done it, and they're telling someone who's doing it why they shouldn't. The lowest yield Robert looks for is 16 percent, but people who are filled with doubt are willing to accept a far lower return. Doubt is expensive.

A person afraid of missing out on a market move up will pay for an option.

Most people play not to lose, when they need to be playing to win. And that's why so many people struggle financially. They might have a safe, sensible and balanced portfolio, but it's not a winning portfolio.

you find an investment you want to invest in, put a little money down. It is amazing how quickly your intelligence grows when you have money on the line. Don't bet the ranch, your mortgage payment, or your retirement. Simply put a little money down, pay attention, and learn.

The rich know that savings are only used to create more money, not to pay bills. I

the rich saw an opportunity because they don't play by the same set of rules.

The rich created the corporation as a vehicle to limit their risk to the assets of each voyage.

This is the cash-flow pattern of a rich person:

assets put money in your pocket.

Always remember: Profits are made in the buying, not in the selling.

My personal basis is real estate. I love real estate because it's stable and slow-moving. I keep the base solid. The cash flow is fairly steady and, if properly managed, has a good chance of increasing in value. The beauty of a solid base of real estate is that it allows me to take greater risks, as I do with speculative stocks.

The problem with "secure" investments is that they are often sanitized, that is, made so safe that the gains are less.

One reason to start your own business is that you can spend first and then be taxed on the balance left over.

No matter what the "take-from-the-rich" crowd came up with, the rich always found a way to outsmart them.

put $4,000 into paint and repairs, and put it up for rent.

Profits are made in the buying, not in the selling.