The 4 Asset Classes

An asset is something that puts money in your pocket whether you work or not,there are primarily 4 asset classes the first is business sometimes it is the toughest especially if it is a business that you own and operate it could also be somebody's business that you have invested in , the second is real estate , primarily rental real estate because it brings cash flow , you would like your property to give you a profit every month , the third asset class is paper stocks bonds mutual funds this is where 95% of the people are invested in because it is the easiest investment to do , it is easy to buy and sell stocks it is also very liquid the negatice side of it is that you have no control when you buy stocks , you have no control over the operation of that business , the fourth asset class are commodities , Gold Silver Oil Gas things like that , the right way to diversify is to diversify in all 4 asset classes and not in just one




Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.