ROBERT KIYOSAKI BLOG

Friday, December 24, 2010

Rich Woman - Kim Kiyosaki's First Investment

Rich Woman - Kim's First Investment
Kim describes her thoughts, decisions and fears of her first investment purchase. Listen in as she talks about the time it took to find the property and her fears of making a bad investment.

Real estate is not a safe investment as we have seen with the subprime loan bubble bursting. For you, you got to enjoy the bullmarket of the roaring 80's. This is 2010, and we must wait until the housing bottoms out first. See Japanese deflation, and we will have to wait until the Elliott wave brings the markets to the bottom. You cant short houses like stocks.

Who is Robert Kiyosaki ?

Robert Kiyosaki - Robert T. Kiyosaki, best-selling author of the "Rich Dad" series, and former Marine gunship pilot during the Vietnam War, is an investor, entrepreneur, educator and New York Times best-selling author. His financial education book series Rich Dad Poor Dad has been translated to over 100 languages and sold more than 26 million copies world wide. He also created the educational board game Cashflow 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. Robert Kiyosaki's perspectives on money and investing are different from traditional teaching. The old beliefs of getting a good job, working hard, saving money, getting out of debt, and investing for the long term are obsolete in today's world. Robert Kiyosaki's teachings focus on generating passive income through investment opportunities, such as real estate and businesses, with the ultimate goal of being able to support oneself by such investments alone.