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 [...]
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 [...]
30
Sep
2008
Posted by Robert as Investing
For those of you interested in knowing just how our current economic hiccup has affected stock investors, look no further than the very CEOs who played a role in this mess.
These chief executives receive a large part of their compensation in the form of company stock. This chart from the New York Times, dated September 21, [...]
29
Sep
2008
Posted by Robert as Investing
This is one of my posts (which I have now revised) from earlier this year in which I argued why it was prudent to buy gold. I thought its core message might resonate well today given the impending federal bailout, and the possibility that the U.S. is heading into a deep recession.
The issue here is that, when [...]
23
Sep
2008
Posted by Robert as Investing
Given the past week’s events with the financial crisis and the resulting downward pressure on the dollar, I thought it would be helpful to list 8 reasons why you should buy silver.
In today’s economy and for the next 10-15 years, silver is a great investment. The declining value of the U.S. dollar illustrates the worthlessness [...]
22
Sep
2008
Posted by Robert as Investing
As President George W. Bush and the U.S. Congress unveil the largest bailout in U.S. history (and the largest since the Great Depression), I couldn’t help but write about the vivid message this unprecedented action sends to all of us.
The Bailout
As this post goes up, I have no clue what kinds of details are included [...]
25
Aug
2008
Posted by Robert as Investing
Every now and then, I like to write about investing. I don’t generally like stocks because, without the proper research, you’re taking a flier on a paper asset that you know nothing about. I prefer investing in real, tangible items, like real estate and businesses.
One item I recently read about is investing in pipeline partnerships.
What [...]
15
Aug
2008
Posted by Robert as Investing
A few months ago, I wrote a post about why your house is not an asset. I recently found the YouTube video below about the very same topic.
In the video, Robert Kiyosaki (of Rich Dad, Poor Dad fame and someone with more knowledge than me) explains exactly why (with a helpful accounting diagram) the house [...]
31
Jul
2008
Posted by Robert as Investing
You have to love the guts of the Oracle of Omaha.
Last month, Warren Buffett, the CEO of Berkshire Hathaway, bet that a collection of carefully selected hedge funds will not beat the returns of the S&P 500 over the next 10 years.
Buffett made the bet against Protégé Partners LLC, a New York City money management firm that runs [...]
