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Most financial expert want you to believe that investing is risky.
While, rich dad company saids investing is not risky.
What is risky is not improving your financial intelligence and your financial IQ, having no financial education.
So, let us make a few examples.
There are two basics type of investors.
one is fundamental.
I was said Warren Buffett is a fundamental investor.
that is income, expenses, assets, liabilities.
Most peoples cannot read a financial statement really don't understand the fundamental.
so that's why the cashflow company...the cashflow game teach the peoples how to be fundamental.
We also...that is cashflow 101 and we got a game called cashflow 202.
Cashflow 202 is called technica investing.
We all know, market goes up and market goes down...
So the reason the average peoples think investing is risky is because prices go up and they lose everything......
the reason investing is risky is that to become a professional investor whether a fundamental or technica,...
...cashlow 101 or the 202 game is you have to use insurance.
Look! Ladies and gentlemen, your do not drive a car without insurance.
You know, you don't buy a house without an insurance
The average person put in the money in a stock, mutual fund or a bond. They do not have insurance.
That was risky!
If you going to be a professional investor, you have to understand market goes up and down, that's not news.
but when market goes up, you buy an insurance policy here and cases go down, for some people called it "put"
In real estate, my banker require me to have an insurance.
...or you can put a stop...
So point here, ladies and gentlemen, is that investing is not risky.
it's taking advise from people who don't know what they talking about a lot of the time.
or people don't sell you an insurance, that is risky.
to put yourself in the stock or mutual fund without an insurance is absolutely risky.
it's no more sense than buying a car and not having an insurance.