/biz/ - Business & Finance

>>51122829
Okay thank you mr author I will now pay you 50 a month for your knowledge on how to get rich

>>51122829
what else, sir?

>>51122829
Just get the mindset and forget his specific boomer advices.

Real estate was great value at his time. Still is in some part of the world. Just find whatever is great value now.

>>51123261
Which is?

>>51123264
onlyfans pimping

>>51123268
What if I have a modicum of decency?

>>51123286
Why would you want to be rich then?

>>51122829
I work at a bookstore. The only guys who buy this shit are nigerian-black, fresh-off-the-serengeti nogs; and chinks/pajeets

>>51123294
I don't want to scam on my way up

>>51123315
ywnmi

>>51123298
thats weird i just found it online for free in 20 seconds, or maybe they are old-school and prefer physical content

>>51122829
>fight or flight?

>>51123315
>i don't want to scam on my way up
he doesn't know

>>51122829
"The rich"
Kiyosaki has never met a rich man. He himself is a poor man. Billionaires are rich men. They don't even raise their children.

>>51122829
My Rich Dad did this while my poor dad done that, assets , assets, get passive income, dude! Pay yourself FIRST; put your money to work, whatever that means, who cares. Just attend seminars and buy books, especially mine so I get my passive income out of suckers like you

>>51122829
>Jew Dad, Asian Dad

I never read this book and this boomer nigger irritates me but while his advice is elementary it's not wrong.
>buy assets not liabilities
If you at least focus on that you'll figure out the rest.

>>51123298
Meanwhile you work in a bookstore

This guy in his book emphasized that you buy assets with high cashflow and then several years later shilled bitcoin. What is his gameplan here?

>>51126386
Generating high cashflows into his pocket?

>>51122829
The book is absolute garbage but it gives you 3 things everyone should know but normies do not

There is a rat race and you are in it and losing badly, Asset being you money and lisbility cost you money on your balance sheet. Yo have to accumulate assets to leave the rat race.

>>51123261
That's the point. In this loose monetary environment, nothing is cheap anymore. Nothing is worth what the market pays for it, let alone worth more.

>>51122829

biggest takeaway is breaking the conditioning that lots of immigrants who come to the US have that "debt is bad". Debt isn't bad, and you will never become wealthy without utilizing it, however the cost you pay to own that debt, as well as your return on investment, will influence if the debt is helping you or hurting you.

>>51123264
Oil and gas, regardless of the regulations placed upon them. But it goes in boom and bust cycles

>>51124410
I can't help but feel bad for the people that pay for these seminars but at the same time it seems like a retarded thing to do on principle.
>pay money to me to learn how to make money
>dude gotta spend money to make money
>btw we're just gonna shill another seminar
It's your typical self help advice, it's so elementary it can't be wrong but there's no nuance as a consequence.

>>51127499
Checked. Poor bastards but money has to change pockets, I guess.

>>51123264
There are times when there does not exist great value. You hold cash until there does

>>51126386
just like any boomer he doesn't fully understand what bitcoin is and bought it and ethereum 50/50 like any retarded newfag as a speculative asset

>>51127944
>hold cash with >15% inflation
Anon...

>>51127993
and it will still outperform everything

>>51128045
>The dollar milkshake theory?
I’m will to bet there’s certain pieces of real estate that’ll far outperform cash and even in terms of money, Swiss Francs are better than USD