Today, the most dangerous advice you can give a child is 'Go to school, get good grades and look for a safe secure job,' he likes to say. "That is old advice, and it's bad advice. If you could see what is happening in Asia, Europe, South America, you would be as concerned as I am."

How did you feel waiting in line to see me, once to get hired and once to ask for more money?” “Terrible,” I said. “If you choose to work for money, that is what life will be like,” said rich dad. “And how did you feel when Mrs. Martin dropped three dimes in your hand for three hours of work?” “I felt like it wasn’t enough. It seemed like nothing. I was disappointed,” I said. “And that is how most employees feel when they look at their paychecks — especially after all the tax and other deductions are taken out.

Making a decision to own a house that is too expensive in lieu of starting an investment portfolio impacts an individual in at least the following three ways: 1.​Loss of time, during which other assets could have grown in value. 2.​Loss of additional capital, which could have been invested instead of paying high home maintenance expenses. 3.​Loss of education. Too often, people count their house and savings and retirement plans as all they have in their asset column. Because they have no money to invest, they simply don’t invest. This costs them investment experience. Most never become what the investment world calls “a sophisticated investor.” And the best investments are usually first sold to sophisticated investors, who then turn around and sell them to the people playing it safe.

learned that knowledge is power. If you want to control people's lives, limit their knowledge. That is why, throughout history, despots have burned books and exiled (and even killed) those with knowledge who threatened their power. Before the Civil War in America, it was against the law in many states to teach slaves to read and write. Knowledge is the most powerful force on earth. That is why the control of knowledge is essential to the control of power. The formula is: Information x Education = Knowledge Knowledge is power — and lack of knowledge is weakness.

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