Rich Dad Wisdom with Robert Kiyosaki (WiM033)
The "What is Money?" Show
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The Rich Dad Strategy
The rich dad strategy is really just to increase the asset side of the balance sheet, largely through the difference between income and expenses. So i borrow four million here, my basis, i make one million. Here, borrow four, i met five here, i depreciate five daca. And that is o that offsets all the income that was produced originally. I wrote this book for to day because i think it's importent that every young person know, bean ancpanola, you're cruising into a higher tax bracket.
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