
Why the Rich Are Getting Richer
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Scott Merriman
Über diesen Titel
It’s Robert Kiyosaki’s position that, “It is our educational system that causes the gap between the rich and everyone else.” He laid the foundation for many of his messages in the international bestseller Rich Dad Poor Dad - the #1 Personal Finance book of all time - and in Why the Rich Are Getting Richer, he makes his case....
In this book, the listener will learn why the gap between the rich and everyone else grows wider.
In this book, the listener will get an explanation of why savers are losers.
In this book, the listener will find out why debt and taxes make the rich richer.
In this book, the listener will learn why traditional education actually causes many highly educated people, such as Robert’s poor dad, to live poorly.
In this book, the listener will find out why going to school, working hard, saving money, buying a house, getting out of debt, and investing for the long term in the stock market is the worst financial advice for most people.
In this book, the listener will learn the answers Robert found on his life-long search, after repeatedly asking the question, “When will we learn about money?”
In this book, the listener will find out why real financial education may never be taught in schools.
In this book, the listener will find out “What financial education is...really.”
©2017 Robert T. Kiyosaki and Tom Wheelwright, CPA (P)2018 Brilliance Publishing, Inc., all rights reserved.Great information after a slow start
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a most valuable way to look at debt, and that debt is actually cheaper than earned income because it isn't taxed.
so in Germany, taking on housing debt is a free way to take out the equity gains in the years 1-9 after you bought it, and then you sell the house tax free after 10 years and payback the debt. evening or the score.
so in effect the debt allowed you to access the money you would get tax free anyway through a sale, but up to 9 years earlier and also tax free (and therefore at a much lower cost, only interest costs).
--> you can grow your net worth with pre tax money, and if you don't do that you would have 42% less growth.
this insight alone will make me a loooot of money. incredible how underrated books are...
massively underrated
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it blew and opened my mind
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