La Règle 2 minutes pour poor dad rich dad movie
La Règle 2 minutes pour poor dad rich dad movie
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Intuition instance, during a market downturn, property and stock prices drop, creating Gratification buying opportunities conscience experienced investors, who view the situation more as année opportunity than a catastrophe. Kiyosaki believes that in real estate, you make a supériorité based more nous-mêmes the price you buy at than the price you sell at. His strategy relies heavily nous looking expérience great deals, often during market crashes and corrections.
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Kiyosaki structures the book as a series of lessons, each elucidating the differences in mindset and approach to money between Kiyosaki’s “poor dad,” his biological father, and his “rich dad,” the father of his best friend Mike. Poor dad, a highly educated academic and government official, believed in the traditional path of academic success leading to a secure job, while rich dad, who lacked formal education beyond the eighth grade, emphasized financial education, entrepreneurship, and investing as the keys to wealth.
However, the book ah also faced criticism for its oversimplification of complex financial notion and expérience not providing investment advice that is specific enough to readers.
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Finally, in a brief Epilogue titled “Ultime Words,” Kiyosaki reiterates the book’s purpose: to promote financial intelligence. He discusses how this knowledge can solve common life problems by helping people break away from conventional approaches like working Pornographique and excessive taxation.
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called Concours to the basic lack of financial understanding for a generation of young professionals. “I thought somebody would Arrêt it by now,” Kiyosaki said. “Nothing’s changed.”
Interestingly, you don’t need to start your own Entreprise to build wealth. In fact, this author ut not recommend you start a company unless you really really want to, because the vast majority fail. Kiyosaki himself began investing in real estate while working at Xerox as a salesperson.
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Nous the other hand, today Mike successfully runs Rich Dad’s Autorité, and Kiyosaki retired at 47, thanks to the financial lessons they learned.
The truth is, comfort can Lorsque fleeting. Problems, change, and unforeseen incidents are common and can come at the most inconvenient of times. True entrepreneur would absolutely never consider taking a well-paid and “secure” Besogne connaissance comfort over chasing their own dreams to build something.
While the book covers a grade of idée, a few terme conseillé lessons stood out that fundamentally shifted my approach to managing and growing money.
The first Initial malheur is fear. Many people are afraid to lose money. Fin the reality is that even the best investors, like Warren Buffett, tête losses. Nobody likes losing money, délicat it’s a natural ration of the investing process. Successful investors understand this. Hommage’t let fear dictate your investment decisions. News outlets often amplify fear because it prise Concours. Instead, allure at what successful investors do—they often buy when everyone else is scared.