Robert Kiyosaki - Good Debt vs Bad Debt
Uploader Comments (aposwil)
All Comments (10)
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great movie
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Wow. You talked for 1:29 and you said absolutely nothing. Congratulations :D
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I also suggest you read up The Secret: Law of Attraction and combine it with Robert Kiyosaki's Rich Dad Poor Dad book. It's a great match! Take care guys.
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A house purchased without giving you any return of investment is a bad debt. It's not totally an asset. It will only be an asset if for example you make one of the bedrooms for rent, so the house now turns out to be an asset because you're making it earn for itself.
An example of a good debt is investing condominium units / apartments units and have people rent them out. Let the income of the business pay for the building debts. Let money work hard for you while you do other stuff.
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im very interesting about investment subject that mr Robert taught people.even though i had experience for a long time but until now i just come to realized the what the effect from everything i have been doing ....great lesson for me...thks to mr Robert..
what an example of good debt ?
yasha1989 2 years ago
For example, a home purchase can be considered to be a good debt. Since homes usually appreciate in value, the mortgage loan you take out to pay for the home is an investment.
aposwil 1 year ago