Wednesday, May 25, 2005

Rich Dad Poor Dad

Making this post after a long gap ..well have been reading books but kind of not completing them...basic laziness I guess

Well here it goes , Rich Dad Poor Dad ....one of the must read in the world of personal finance .a ground rule which works is time ur investments so that u know how to retire early , with jobs how much work u do that is Hard work ..then hang on
with it our focus should be how we can make money work for us ,whtever hard work we do so 2 things

We should be able to build assets and avoid build Liabilities

1. Passive money : this we can make by way of real estate trading

2. Portfolio money : this can be made using bonds , stocks investments