Rich Dad Poor Dad Audiobook By Robert Kiyosaki Why rich people dont buy mutual funds and instead how do they invest
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Aug 29, 2022 AI Snips
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Attorney's Observation
- Robert Kiyosaki's attorney friend, specializing in family law, observed a pattern during divorces.
- The wealthy couples he divorced didn't own mutual funds, primarily holding businesses and real estate.
How the Rich Get Rich
- The rich don't primarily get rich through mutual funds, but rather through investments in businesses and real estate.
- Mutual funds might be part of their portfolio, but they're not the core drivers of wealth creation.
Secret to Success
- Surround yourself with people smarter than you in areas where you lack expertise.
- Acknowledge your limitations and leverage the knowledge of others for success.