April 22, 2008
Think Rich - Buy Assets…
As you probably know I’ve been reading “RIch Dad, Poor Dad”, and one of the differences between the 2 dad’s is the way that they think about the simple things in life.
Poor Dad thinks this biggest asset is his house, whereas Rich Dad thinks of it as a liability.
The reason being that buying a house via mortgage actually cost you money every month, and it takes 25 years before you actually own it. Now compare this to a property that you rent out.
You put in some initial capital, and rent it out each month for profit, you then invest that profit into buying another property, rinse and repeat for maximum profit.
Now in marketing terms here’s a site that teaches you how to create lots of little assets
==> http://www.andrewstark.com/recommends/4MinuteMoney
If you follow Brian’s tactics you can set up lots of little assets, so start thinking like Rich Dad
To Your Profits
Andrew
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