Jan 28 2008
How Come That Idiot’s Rich and I’m Not?
When I started reading the book, my first impression was: So here’s another book that will tell me that I can buy real estate for “no money down”, how I can make 6 figure passive incomes etc. I was right…but Robert is not telling you to give up your day job. All he is saying is that to become Rich idiot, START NOW! Take action NOW! Accumulate cash, buy a home for your primary residence..then think of buying investment properties. Buy stocks/mutual funds, invest $100 to start but don’t wait! . Start a business, it can be part time!The 4 biggest assets that a Rich idiot accumulates is CASH, REAL ESTATE, STOCKS and BUSINESS!I can totally relate to that. Most of us have some cash, own a home, buy some stocks, but very few of us really own a business. I have been thinking about it for [...]
Original post by Everything Finance