Page 157

Chapter Four

Asset Class: Paper Assets Kim and I rarely invest in paper assets because paper assets offer the least control. When you look at stocks, bonds, or mutual funds, the investor has zero control over income, expenses, assets, and liabilities. INCOME STATEMENT Income

Control

Expenses

Control

BALANCE SHEET Assets

Liabilities

Control

Control

Asset Class: Commodities Buying gold and silver coins takes the least financial education, yet you still need to know something about the asset class. Gold and silver do go up and down in price. Also, there are many con artists in the gold and silver business, especially today with prices climbing.

Which Asset Class Is Best for You? FAQ Which asset class is best for me? Short Answer The ones you are interested in.

148

Profile for Jamiel Cotman

Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

Profile for jfcotman
Advertisement