Page 166 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf
P. 166
160 I CHAPTER THIRTEEN
are a serious investor, you will make money.
That's not a risky scenario. Being prepared for what you're dOing
brings the risk factor down in investing. But bringing down the fear
factor should not be left to investment advisors - you should learn
enough on your own first, so that you will not be at their mercy for
"good advice." If you want to be foolproof, do the proofing yourself.
There are somegreat financial advisors who have made fortunes
for themselves as well as other people because they know what
they're doing. They have learned the world of finance well enough
to excel and be on target when it comes to predicting trends. What
they do will have a limited risk factor because of their experience
and expertise.
The reason this chapter title says getting very rich is predictable
is because the very rich part indicates that you already have money
with which to work. The deciding factor is whether or not you're
going to let your money work for you to become very rich. Those
who know how to do that stand a very good chance of joining the
leagues of the uber-rich .
When I build a new building, I definitely look into the risk factor,
which to me is whether or not it will be profitable. I don't like taking
huge risks, especially when I can do some of the predicting in my
head first. When I first decided to try the hotel-condo mixed-use
idea, I could already see how the combination could prove to have
a comfort zone attached, as in,
.
owners of the condos could also ';\i"",I.I • • • • • • • • ~J;,
participate in the success of the
hotel. I knew this would have a The biggest risk we
huge appeal to investors and all face is not moving
owners because I did the math, forward with what
and I knew that idea would appeal
we've learned
to me as a, businessperson,
whether I was the builder or the - Donald l, Trump
investor. My risk factor and their
-- WHY WE WANT You To BE RICH
. ,