2009 October | Millionaire Acts - Part 3

Archive for October, 2009

Types of Real Estate Investment

Real estate investment has been one of the most profitable among the many types of investments. A real-estate investment is a building or property other than a family home that generates income through rent or resale. The price of the investment and the earnings are driven by supply and demand. Kiyosaki termed real estate investment as an investment with “curb appeal.” Investors who want to see more than a print-out of their holding can drive by the property or building, vacation in it

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Interesting Facts About Billionaires

What are the common traits and qualities of billionaires? Note that we are talking here of billionaires, not just millionaires. Billionaires hold most of the world’s riches. They are taipans and tycoons of their respective businesses. I was browsing an article in Yahoo Finance and I found these interesting facts about billionaires. I thought that it’s worth to share with you as you may find some of these qualities interesting and odd. The study was conducted on Forbes 400 richest

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Rules to Become a Successful Investor

Reaching the I-Investor of the Cashflow Quadrant is the best option for us to escape the rat race. But how do we become a successful investor? In my early posts, I gave some reasons on why do you need to invest. In addition to that, Robert Kiyosaki gave the different types of investors, of which ‘ultimate investor’ is at its peak. In continuation of my learnings on Kiyosaki’s teachings, I now present The Seven Rules of Investing, in which according to him, you should commit

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Different Types of Investors

In continuation of the lessons I’ve learned from Rich Dad Poor Dad author, Robert Kiyosaki, I will discuss today what he called “Types of Investors.” According to him, there are two main types of investors: Average Investors and Professional Investors. Average investors buy packaged securities such as mutual funds, treasury bills, or real-estate-investment trusts. Professional investors are more aggressive—they create investment opportunities or get in on the ground floor

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Invitation to Rich Dad Asia Philippines Event

Hello all, as one of the followers of the teachings of the famous Robert Kiyosaki, the author of the best selling book Rich Dad Poor Dad, I would like to invite all to the upcoming Rich Dad Asia Event here in the Philippines this coming November 30, 2009. In cooperation with Laurus Enterprises, the official organizer of Rich Dad Asia here in the Philippines, Bellum Tan, Robert Kiyosaki’s Rich Dad Ambassador to Asia will be coming from Singapore to the Philippines to talk about

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Foundations of a Solid Business

In continuation of my financial education from the famous Robert Kiyosaki, I recently learned about the foundations of a solid business. What does it take for a business to last long? What does it take to build a solid business that is strong enough to survive for at least 50 to 100 years? I would like introduce to you my readers one of the lessons I’ve learned from Robert Kiyosaki and this is about the B-I Triangle. Why did Robert used the triangle to portray the shape of a solid

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Skills You Need To Learn In Your Job

As I mentioned to you in my previous post, one of the strategies to get rich mentioned by Robert Kiyosaki is WORK TO LEARN (Strategy No. 2) I know most of us are working nowadays. Most of us start with the E-Employee Quadrant and the main source of our income are our jobs. Robert Kiyosaki suggested that if you are working, you need to be experienced in three essential skills to become financially free. These three skills are LEADERSHIP, MANAGEMENT and SALES AND MARKETING. Let’s discuss

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