Inflation is one of the reasons why do you need to invest your money. In economics, we have known inflation as the general increase in prices of commodities. The higher the inflation, the lesser the value of our money. Inflation degrades the value of our money. Your money last year cannot buy the same amount of goods now. WHAT CAUSES INFLATION TO INCREASE? Increase in oil prices. Oil is a very important commodity in the world because it is one of the raw materials of every company used to

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Without doubt, each of us don’t want to invest because we are afraid of losing our hard earned money. The fear of losing money is the main reason a huge percentage of the public struggles financially. But fear isn’t the real problem. It’s how people handle fear that matters. Kiyosaki tells people that the primary difference between rich people and poor people is how they handle the fear of losing money. Some people, when hit with a financial loss, give up. Others transform the

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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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Each of us wants to become successful investors. We need to invest simply because we want our money to work for us aside from the fact that inflation eats our purchasing power. One of the world’s greatest investor is the second richest person on Earth, the Oracle of Omaha - Warren Buffett.  He became so successful that he now owns several parts of other businesses. What made him so successful as an investor? I recently played a webinar conducted by the famous Robert Kiyosaki and he

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Opportunity cost analysis is one of the main foundations used in making financial decisions. In strict accounting terms, opportunity cost is not really a cost or an expense. However, it maybe relevant in making decisions with financial repercussions. Wikipedia says that opportunity cost has been described as expressing the basic relationship between scarcity and choice. When you are torn between making decisions with mutually exclusive results, then one benefit should be sacrificed and

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As an investor, you keep on asking, what’s the best investment? What could be that investment that could give me the best returns for my money? Is it real estate? Or stocks? How about mutual funds? For me the best investment is an investment to yourself. Why? It’s because without you working, you won’t generate income. Yourself is the most important of all investments and so you must invest in yourself in order to be the best wherever you are. So how can you invest in yourself? Invest

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