Wisdom of Rich Dad

            

Too much a while, we played it safe, too safe.  We played safe because we are afraid of losing money.  This is what was taught in the “Rich Dad, Poor Dad” book as Fear – Fear of Losing Money.  Robert Kiyosaki reiterated this issue again here.

According to Kiyosaki, this fear affects both the rich and the poor.  The difference is that the rich know how to manage this fear, and they sometimes will still act in spite of fear.  The poor will then choose to play safe, and might not take any action at all. 

This entry was posted on Tuesday, January 16th, 2007 at 12:45 pm and is filed under General Finance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.