2011-03-05

About Money and Wealth

1. Invest for Cash Flow. Capital gain / appreciation is a bonus.

2. Assets and Liabilities
Assets put money into your pocket.
Liabilities take money out of your pocket.


3. The Goose That Lays the Golden Eggs
IF you trade your hours for money, YOU are the Golden Goose!
Instead of working for money, create multiple streams of passive income, raise a pool of geese that lay the golden eggs for your freedom!


4. The 4 Financial Forces
Taxes,debt,inflation, and not needing a retirement plan can make you richer if you use different rules of money.

Related:
关于钱,你不能不懂的基本知识
Gold and Silver
Why insurance is important?