| A lot of Americans are not going to have | | | | learnable, there's quite a bit to study when |
| enough money to retire. These days, it's a | | | | you are considering buying investment |
| sad fact. Instead of complaining about that | | | | property - things like understanding |
| reality (and the unfairness of it all) the | | | | economics and the laws related to real |
| best action someone who wants to retire can | | | | estate. The most important thing to |
| do is just make sure that they are not the | | | | understand, however, is one's own |
| typical US Citizen. They need to take steps | | | | limitations. The person who knows where to |
| to make sure that they will have the income | | | | locate the knowledge she wants is much better |
| to enjoy their life and be able to pay their | | | | off than the person who carries tons of facts |
| bills, as well as those ever-increasing | | | | and formulas around in his head. |
| medical fees. | | | | |
| | | | In his book "Cash Flow Quadrant," Kiyosaki |
| The most effective way to get around becoming | | | | advises potential real estate investors to |
| one of those Americans who wind up bagging | | | | raise their income as well as their |
| groceries in their Golden Years, based on the | | | | understanding. Mr. Kiyosaki teaches about |
| opinion of Robert Kiyosoki, author of the | | | | creating a system that can be set up and left |
| "Rich Dad Poor Dad" book series, is to invest | | | | alone, freeing the investor to move on to the |
| in real estate. | | | | next step instead of spending all his time |
| | | | working in his business. The next step is to |
| Investing in real estate is a wonderful way | | | | continue that investor's education and begin |
| for people to prepare for our retirement | | | | looking around for experts to employ and |
| because it provides something called "passive | | | | properties to acquire. |
| income". After someone has done the | | | | |
| preliminary work, passive income keeps coming | | | | Robert Kiyosaki also talks about this change |
| in without a lot of effort. A laborer gets | | | | as moving from one area in the |
| compensated only for the time he puts in. A | | | | cash-flow-quadrant to another. He announces |
| real estate investor, after creating his/her | | | | that, the 1st step someone has to take toward |
| system, makes money for keeping it running. | | | | changing his life is altering the thinking |
| And keeping it operational, if he been smart | | | | process. If someone adjusts the way he/she |
| about it, involves compensating her employees | | | | processes the thought of money, then she will |
| to do the job of checking in on them every | | | | wind up in a much better position to change |
| now and then. | | | | his interaction with it. |
| | | | |
| The wonderful thing about making passive | | | | How people think determines the actions they |
| income (such as from investments) is, the | | | | take throughout the day, and those actions |
| longer the real estate investor keeps them, | | | | determine their success. The main value of |
| the more money they should make for him, with | | | | studying books like Kiyosaki's "Rich Dad, |
| less and less effort on the investor's part. | | | | Poor Dad" series - is the exposure to a new |
| It's the closest thing to the "Holy Grail" of | | | | paradigm about stuff. When investors see how |
| the financial world. | | | | easily it can be to develop new skills and |
| | | | acquire better knowledge, they are virtually |
| It might sound appealing, but we shouldn't | | | | impossible to stop. |
| just dive in. Although this is all very | | | | |