Robert Kiyosaki - Assets vs Liabilities

It's Time To Get Smarter With Your Money.

"...It's become even clearer to me that what Robert talks about and teaches is more important than ever. Financial education is crucial to this country at this point, and Robert's acumen in this area cannot be disputed."

- Donald J. Trump

Robert Kiyosaki interview at:
http://eaglesvisions.blogspot.com/2008_06_01_archive.html

Category:

Education

Tags:

• Robert
• Kiyosaki
• assets
• vs
• liabilities
• financial
• education
• rich
• dad
• Donald
• Trump
• money
• wealth

[smooth1nz]

@ThePsychoticChipmunk Anything that can be owned and has value sits in the asset column on a balance sheet. The costs associated with owning that asset are listed on the liability column. An asset need not provide income to be considered an asset.

[ThePsychoticChipmunk]

@smooth1nz Once you pay off your mortgage, your house will still be a liability. It is like food or taxes,you need to spend money to maintain it and it gives you no passive income. When you sell it,you will need to live SOMEWHERE right?

[smooth1nz]

Trust me people your home is most definitely an asset. The mortgage is a liability.

[mazercore]

@mariflak It's probably best you do. Might want to talk a remedial class in English writing and comprehension though.

[DocWog]

Demand and supply is an economic model of price determination in a market.

Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.

[MaggoGuitar]

@mariflak

i bet your dad would be upset to read this, be happy that can go to college. No fun comes on when its to easy :P

[PumpkinfaceMEDIA]

u know i like those assets! ;)

[mariflak]

i which my dad was rich, that way i wouldn't have to work my way to college : (

some people are just born with luck. 

[biohazardcel]

ya good explanation

[firstgene]

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