A Quote by Robert Kiyosaki

Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets. — © Robert Kiyosaki
Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.
The rich buy assets. The poor only have expenses. The middle class buys liabilities they think are assets. The poor and the middle class work for money. The rich have money work for them.
It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of common stocks at a price less than the applicable net current assets alone - after deducting all prior claims, and counting as zero the fixed and other assets - the results should be quite satisfactory.
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Once you identify positional needs, then I think, then, what you do is, you be very selective on how you go about acquiring those players. You have to look at the resources available on how to acquire those players, and then, if you can, go acquire those assets that can best help this team get over the hump.
I think it’s unfair that people can’t give assets to whoever they want. When I die, my assets can go to my wife. And a gay person — you ought to have a system where maybe you can just say, ‘You can give your assets to anybody you want.’
I think it's unfair that people can't give assets to whoever they want. When I die, my assets can go to my wife. And a gay person - you ought to have a system where maybe you can just say, 'You can give your assets to anybody you want.'
Imperfect substitutability of assets implies that changes in the supplies of various assets available to private investors may affect the prices and yields of those assets.
There are two ways to be rich: 1. Acquire great wealth 2. Acquire few needs.
The Democrats tell all the poor people and all of the middle class that they're only where they are 'cause the rich have cheated them, exploited them, or stolen all their money. The way they're gonna make it equal is to take from those people who have just won life's lottery, the premise being that the poor and the rich and the middle class are gonna get the money.
Liabilities are just assets in hiding.
We can just as easily have an economy that is based on healing the future instead of stealing it. We can either create assets for the future or take the assets of the future. One is called restoration and the other exploitation. And whenever we exploit the earth we exploit people and cause untold suffering. Working for the earth is not a way to get rich, it is a way to be rich.
To the extent societal rules or the wiring of your brains make it easy to acquire a lot of assets, then to the extent you can, you should try to improve the world.
Polychain is investing in blockchain assets. We do not invest in private companies or hold shares in private companies. We invest purely in tokens or digital assets, and those include assets that people are familiar with, like bitcoin and ethereum, as well as very early-stage projects.
If a lending institution is faced with bids for a package of toxic assets that are less than the carrying value of those assets, the sale of those assets would trigger a further loss and reduce the underlying capital of the institution.
The liabilities are always 100 percent good. It's the assets you have to worry about.
More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
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