Land was wealth 300 years ago. So the person who owned the land owned the wealth. Then, it was factories and production, and America rose to dominanc… - Robert Kiyosaki

Today, wealth is in information. And the person who has the most timely information owns the wealth.

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.

The poor and middle class all too often allow the power of money to control them. By simply getting up and working harder, failing to ask themselves if what they do makes sense, they shoot themselves in the foot as they leave for work every morning. By not fully understanding money, the vast majority of people allow the awesome power of money to control them. The power of money is used against them.

We’re all heroes at something, and cowards at something else.