Who is Robert Kiyosaki?
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Say hello to Robert. The teacher you’re looking for if you want to become rich via Real Estate Investment as a large portion of his wealth came from real estate. From his investments, he is making $2M every month.
Robert Toru Kiyosaki is an American investor, businessman, self-help author, motivational speaker, financial literacy activist, and financial commentator. Born: April 8, 1947 (age 66), in Hilo, Hawaii, United States (Wikipedia)
Robert Kiyosaki is the author of the very famous book “Rich Dad, Poor Dad”, I believe this is his gift to the world. The principles about money he teaches in his book (and countless more) are something we were not taught in school.
With Perspectives on Money and Investing That Often Contradict Conventional Wisdom, Robert Has Earned a Reputation for Straight Talk, Irreverence and Courage. (richdad.com)
He said “the old advice we got of – get a good job, save money, get out of debt, invest for the long term, and diversify – is both obsolete and flawed”. While there may things that will not apply to our individual situation, his new way of thinking if dissected and studied actually make sense and if applied can help us achieve the financial freedom we all so want to have.
I believe in his statement “your house is not an asset”. Though it has stirred controversy, it has been proven to be accurate in our economy’s current financial crisis. Our house is not yet an asset, it only become one when it already puts money inside our pocket. Until then, our real estate investment is a liability especially if we pay mortgage in the bank. However, as we give money to the bank – it is an asset for the bank. CREATIVITY, this will turn your house into an asset. Once you read his book “ Rich Dad, Poor Dad”, you will come to know the possibilities and how your Real Estate Investment can become a money machine.
He also co-created the CASHFLOW board game. A kind of monopoly game but incorporated within are concepts about making wise decisions about money and how you can grow it. Playing the game is fun as well as educational because if adapted in real life, you can actually help free yourself from the RAT RACE.