Page 233 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf

PART FOUR

IF You WERE IN My SHOES,
WHAT WOULD You Do?

One of the riskiest things a person can do is say, "I have
$10,000. What should I do with it?" The problem with
announcing that you do not know-what to do with your money is
that it attracts millions of people who do what to do with
your money - take it.
Most people want to be given amagic formula. People who
want to be told what do with their money are often the ones who
take the advice of the typical financial advisor who says to save,
get out of debt, invest for the long term and diversify. If you're
looking for someone to tell you what to dowith your money, most
people will tell you the smart thing to do is to live below your
means. If that appeals to you, then go for it.
People who look for a magic answer are usually people who
invest not to lose. They are often terrified of making mistakes. If
you are terrified of making mistakes, then find someone who has
the magic answer for you and turn your money over to them.
Donald and Robert believe in financial education and
preparation, not one-size-fits-all answers. They also would rather
continually expand their means, not work to live below them.
In this part of the book, Donald and Robert offer their generic
advice for specific groups of people on how they would get ahead
by gaining greater financial education and preparation.
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