Page 278 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf
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272 I CHAPTER TWENTy-FOUR
1. The Rat Race. The rat race is where most people are. Again, these
people, ifthey invest, invest primarily in paper assetssuch assavings,
stocks, bonds and mutual funds.
2. Small deals and big deals. These small deals and big deals are where
most people get their financial education and some actually make it
out ofthe rat race.
3. The Fast Track. The fast track was created in 1933, by Joseph
Kennedy, father ofPresidentJohn Kennedy.
The fast track wascreated for rich investors with financial education
and experience. The problem is, many rich people do not have the
financial education and many lose their fortunes to unscrupulous
promoters who prey on people with money.
So there are basically two kinds of rich people: 1) people who made
their money and have the required financial education and experience to
invest on the fast track, and 2) people who have a lot ofmoney, but little-to-
no financial education and experience.
Self-madepeople are lessafraid oflosing their money because they know
they can make it back. People who came into their money by other means
have two choices, the same two choices people who do not have money are
faced with - get educated or turn their money over to a competent and
trustworthy professional.
r, a:, Every year, you will read in the paper
about a sports star or movie star who lost
If you are not everything to an unscrupulous promoter.
doing what you You will also read about a rich, old person
who has his or her money stolen by a relative
love, then start
or trusted caregiver. It is a very common
doing it, even if
story. And we have all heard ofpeople who
it is only part-time. marry and then lose their money. One ofthe
more infamous stories oflate isAnna Nicole
- Robert T. Kiyosaki
Smith who, at 26 yearsofage, married a man
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