Robert Kiyosaki - New Rules of Money, Part 4/7: Assets Vs. L Valid work at home
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If your commodity after being liquidated/exchanged produces a profit.
Yes it is can be Asset.
If it appreciates in value above inflation and taxes it can be a Asset.
Inflation is about 1.5% right now.. but thats not indexed with everything.
Anything above 11% net ROI can be a profit.
If you would like to learn more about the cashflow mechanics of commodities I suggest reading a major mining companies annual report.
Alot of phantom cashflow in those financial statements. :)
massnumbers 1 year ago
so commodities are assets? :) Interesting take
EMPIRE0FLIES 1 year ago
Robert is amazing. We have read all 27 of the rich dad books.....this information has changed my life !!! GOD BLESS YOU!
SilverWealth23 1 year ago
Rich people are losing money in their assets because, many renters are losing their jobs and moving back in with there parents, or parents moving and living with there adult children. 11-11-09
vsaldanas 2 years ago 2