Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

Buy, Borrow, Die

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

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Rich Dad Poor Dad, Rule Number One Is to Buy Assets

The key to tax-free investing, the key to rich dad's advice, is that you don't show that income in the first place. The moment you are working for money, you become a tax and wage slave. Tom Wheelwright: Taxes punish people who work for money but it also is an incentive for those who do what the government wants done. Ed McCaffrey: Depreciation in real estate, depletion, and intangible drilling costs, and oil and gas, business deductions.

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