Some of the richest people in the world did not graduate from school. Examples are Henry Ford, founder of Ford; Thomas Edison, founder of General Electric; Bill Gates, founder of Microsoft; Mark Zuckerberg, founder of Facebook; Richard Branson, founder of Virgin; Walt Disney, founder of Disney World; and my hero, Steve Jobs, founder of Apple.
Many people are trapped like a monkey today because they went to school and were trained to be workers in the E and S quadrants.
This book is for people who want to know what life is like in the B and I quadrants and what kind of education it takes to get there.
Final Word On January 24, 2011, on the TODAY show, the following advice from Consumer Reports and Jean Chatzky, their resident financial expert, was offered. It is the same advice they’ve been dishing out for years: •
Have a budget and open a 401(k) retirement plan.
Catch up. (In other words, save, save, save.)
Pay off debt.
Work longer; retire later.
I would never follow this advice. Not only is it bad advice, but it is also depressing advice. Who looks forward to living modestly and saving? On top of being depressing, this advice terrifies me. While this may sound like great advice, especially for the financially uneducated, I believe this is terrible advice. In this book you will find out why a retirement plan, such as a 401(k), is the worst way to invest. TIME magazine in an article 18
by Rich Dad, Robert Kiyosaki