Knowledge Is the NEW Currency - Re-read A GOOD Book (part4)

If YOU have been following through on a reread of Rich Dad, Poor Dad, YOU may have just been stimulated to follow though onto his recent thoughts in Conspiracy Of The Rich. Find out why he entitles a chapter: Knowledge is the new currency.

Given the current parlous state of the US markets this update comment from Robert Kiyosaki is enlightening:

The greatest wealth transfer in the history of the world is on. As more and more people lose their jobs and business close, great deals begin to surface. Once expensive assets are being liquidated at bargain basement prices.

.. and this has relevance to us in SA (our markets follow the dollar slavishly):

Millions of Americans have begun saving. Talk about the wrong move at the wrong time. I predict that in the near future the biggest losers will be savers. To me it is financial suicide to be saving money at nearly zero percent interest when the Fed and the Treasury are printing trillions of dollars.

If that doesn't make YOU sit up and think (and take action to gather knowledge), then this may:

For millions, the future is very dark, and for others, this transfer of wealth is a once in a lifetime blessing... gold and silver will continue to climb in price as the dollar drops. Poor savers. This is what happens when people have no financial education... and I trust you to take action to ensure you are not trapped in part of the middle class that is slipping into poverty.

Back to Rich Dad, Poor Dad - it is one book you have got to have on your shelves to read, and study, regularly. Kiyosaki concludes with insights into why people don't succeed in building their assets column: Fear; Cynicism; Laziness; Habits; Arrogance. Study them. Overcome them.

He wraps-up with a 10-step bonus process to develop YOUR God-given powers. Read it.


Let's close today's thought with an 'interview' comment or 3 from the eighth of our potential virtual Board of Advisers:

Stephen Covey - Business Professor, Author

1. Habit 1: Be Proactive Focus on the things you can actually do something about
2. Habit 2: Begin with the End in Mind Begin everything you do with a clear picture of your ultimate goal
3. Habit 3: Put Things First Manage your life according to your needs and priorities

Today's thought is brought to you by:
WISDOMS - Powerful PEAK Performance Program