In Sunday school I was taught the parable of the pharaoh of Egypt and his dream of seven fat cows being eaten by seven skinny cows. Deeply disturbed, the pharaoh sought the interpretation of his dream. A young slave boy interpreted the dream to mean
"Is the crisis over?" is a question I am often asked. "Is the economy coming back?" My reply is, "I don't think so. I would prepare for the worst." Like most people, I wish for a better future for all of us. Life is
I am often asked, "What advice do you have for the average investor?" My reply is, "Don't be average." Most of us know of the 80/20 rule. That rule is a good rule for averages. And in the world of money, the rule is 90/10.
The other day a friend of mine approached me excitedly, saying, "I found the house of my dreams. It's in foreclosure and the bank will sell it to me for a great price." "How good is the price?" I asked. "Just before the
The other day a friend of mine approached me excitedly, saying, "I found the house of my dreams. It's in foreclosure and the bank will sell it to me for a great price." "How good is the price?" I asked. "Just before the
Prior to writing "Rich Dad Poor Dad," Robert created the educational board game CASHFLOW 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him.