Rich Dad Poor Dad | S5 - E22 | Assets you DON'T Have to Follow!
- Author
- Arsenio Buck
- Published
- Sun 26 Jan 2020
- Episode Link
- None
So what kind of assets am I suggesting that you or your children acquire? In my world, real assets fall into the following categories:
Businesses that do not require my presence I own them, but they are managed or run by other people. If I have to work there, it’s not a business. It becomes my job.
Stocks
Bonds
Income-generating real estate
Notes (IOUs)
Royalties from intellectual property such as music, scripts, and patents
Anything else that has value, produces income or appreciates, and has a ready market
Businesses that do not require my presence I own them, but they are managed or run by other people. If I have to work there, it’s not a business. It becomes my job.
Stocks
Bonds
Income-generating real estate
Notes (IOUs)
Royalties from intellectual property such as music, scripts, and patents
Anything else that has value, produces income or appreciates, and has a ready market
