PFRDA

Rich Dad Poor Dad Robert Kiyosaki

Summary: Take note The times are rapidly changing and if you want to be rich your approach to money and investing has to change too Changing with the times When I was a boy Rich Dad used to say If you want to get rich you need financial literacy n the ability to read and write You have to learn to be an investor My educated dad disagreed I don t need to learn how to invest he d say I have a guaranteed government pension n an amount of money paid regularly by a government to sb sho is considered to be too old or too sick to work plan a pension from the Teachers Union and Social Security benefits Why take risks with my money That s head in the sand thinking If you think your financial security is the responsibility of a company or the government your re going to be sorely adv only not involving sb sth else disappointed in the coming years You need to switch from industrial age to information age thinking Industrial age thinking Study hard and find a safe secure job Get a job and save money Your pensio naond Social Security will protect you in retirement Diversify v to change or to make sth change so that there is greater variety your investments Blue chip stocks and mutual adj before noun shared by two or more people funds are safe investments Put your investments in the hands of someone else Information age thinking Study hard but also become financially literate adj able to read write Create assets on your own Your pension Social Security will not support you in retirement Your income should increase as you age Concentrate your investments Blue chip stocks mutual funds will not protect you if there is a stock market crash Watch your investments but seek competent adj having enough skill or knowledge to do sth well or to the necessary standard advisors People get old or obsolete adj no longer used because sth new has been invented syn out of date because they cling to v to stick to sth to hold on tightly to sth sb old ideas Rich dad used to say You can t help but get older physically That doesn t mean you have to get older mentally If you wnat to stay young longer adopt younger ideas Next It s not too late p25 Take note The times are rapidly changing and if you want to be rich your approach to money and investing has to change too Changing with the times When I was a boy Rich Dad used to say If you want to get rich you need financial literacy n the ability to read and write You have to learn to be an investor My educated dad disagreed I don t need to learn how to invest he d say I have a guaranteed government pension n an amount of money paid regularly by a government to sb sho is considered to be too old or too sick to work plan a pension from the Teachers Union and Social Security benefits Why take risks with my money That s head in the sand thinking If you think your financial security is the responsibility of a company or the government your re going to be sorely adv only not involving sb sth else disappointed in the coming years You need to switch from industrial age to information age thinking Industrial age thinking Study hard and find a safe secure job Get a job and save money Your pensio naond Social Security will protect you in retirement Diversify v to change or to make sth change so that there is greater variety your investments Blue chip stocks and mutual adj before noun shared by two or more people funds are safe investments Put your investments in the hands of someone else Information age thinking Study hard but also become financially literate adj able to read write Create assets on your own Your pension Social Security will not support you in retirement Your income should increase as you age Concentrate your investments Blue chip stocks mutual funds will not protect you if there is a stock market crash Watch your investments but seek competent adj having enough skill or knowledge to do sth well or to the necessary standard advisors People get old or obsolete adj no longer used because sth new has been invented syn out of date because they cling to v to stick to sth to hold on tightly to sth sb old ideas Rich dad used to say You can t help but get older physically That doesn t mean you have to get older mentally If you wnat to stay young longer adopt younger ideas Next It s not too late p25

Image Dimensions: 800 x 600