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Tuesday, May 6, 2008

Cash Flow Quadrant - Rich Dad's Guide to Financial Freedom.


One of the article from this Book regarding Fear of Losing Money Categories.


"The fear of losing money seems to divide investors into 4 broad categories"

i) People who are risk adverse and do nothing but play it safe, keeping their money in the bank.

ii) People who turn the job of investing over to someone else, such as a financial advisor or mutual fund manager.

iii) Gamblers

iv)Investors.


Gamblers are the people who plays with the game of Chances and,

the Investor are the people who plays with the game of skill.

BUT, for the people who give money to someone else @ 'do not want to play the game',

They have to choose a Financial Advisor CAREFULLY !

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