Rich Dad Radio Show: In-your-face Advice On Investing, Personal Finance, & Starting A Business
Why You Should Invest in Real Assets
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:35:39
- More information
Informações:
Synopsis
Most Americans still think our government will protect them. The world is changing at an alarming rate, yet most people here waddle stubbornly through the crosswalk, so to speak, still believing that this country has the right of way and holding tight to their 401(k)s. Today’s guests make the case for ditching paper assets and putting your money in assets the government can’t print.If you think investing for the long term is a sure thing, you may want to listen carefully to this week’s show. John MacGregor, author of the book “The Top 10 Reasons the Rich Go Broke” says, “Most people have a buy and hope strategy. Hope is not a retirement strategy.”Mike Mauceli, says, “Most people who have made a lot of money over their career want to put their money where they can generate cash flow and not pay taxes, legally.”There are many benefits to investing in commodities like gas and oil, other than the cash flow. As today’s guest explains, You get to deduct 15 percent of the well’s gross income each year. This is call