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The Rich and Mutual Funds
- Robert Kiyosaki's attorney friend, specializing in family law, observed a pattern during divorces.
- The wealthy couples he divorced primarily held businesses and real estate, not mutual funds.
Work with Smarter People
- Surround yourself with smarter people for investment success.
- Acknowledge your limitations and leverage others' expertise.
Long-Term Vision
- Focus on investment strategy rather than products like mutual funds or real estate.
- Having a long term goal or vision requires finding an advisor with the right specialty.