12
Oct
2008
Posted by Robert as Recaps
A belated recap, as I have been doing for some time now. But I’m determined to keep this up. I had a flurry of activity at work last week, which contributed to no post on Friday and this belated recap and late start to this week.
Nevertheless, in this week’s recap, I will go over (1) last week’s [...]
08
Oct
2008
I have read a lot of books from Robert Kiyosaki. I think that he single-handedly changed the way we think about money and investing. I’ll never forget when I read Rich Dad Poor Dad when I was a junior in college. My thinking and thought processes about money would never be the same.
Mere “quotes” can’t summarize [...]
07
Oct
2008
Posted by Robert as Investing
As the market continues to tank, I couldn’t help but re-post this article I wrote about Robert Kiyosaki’s useful metaphor for investing. It resonates pretty strongly today as people continue losing money they invested in stocks.
Would you drive a car without a steering wheel? What about if it didn’t have brakes? How about if it didn’t [...]
06
Oct
2008
Posted by Robert as Ramblings/Miscellaneous
The gloom and doom of the stock market seems to make everyone depressed. But before you launch yourself into that destructive mindset, ask yourself the following question: When you look around yourself, what do you see?
Some of us see scarcity, and others see opportunity. Unfortunately, that distinction corresponds to the gap between rich people and [...]
05
Oct
2008
Posted by Robert as Recaps
I had a busy Friday and could not get a post up. Nevertheless, here is the weekly Flimjo Recap. In this week’s recap, I will go over (1) last week’s posts; (2) the most interesting posts from my top commentators; (3) my five favorite posts on other blogs; and (4) other blogs or sites that linked [...]
01
Oct
2008
Posted by Robert as Investing, Real Estate
Given the recent drops in the stock market, I thought I would explain an alternative (and more secure) method of investing your money. Here is the formula for how to invest in real estate and how to derive cash flow from it.
This form of investing involves buying a property (an apartment, a house, etc.) and [...]