Business Plus, March 2008
In 1997, Robert's book Rich
Dad Poor Dad
stunned readers, stating, "Your house is not an asset." As howls of
protest went up around the world, the book went on to become an
international bestseller, one of the longest running bestsellers in New York Times history.
Rich Dad Poor Dad is not a book on real estate. It is a book about the importance of financial education. Rich Dad Poor Dad was written to prepare you and your loved ones for the financial turbulence Robert's rich dad saw coming.
In 2007, as homes declined in value or were lost to foreclosure, millions of homeowners painfully discovered the wisdom in Robert's rich dad's words.
Today, we are all aware that a home can be a liability. Today, we all know a home can go up or down in value. Today, we all know a person can lose money investing in the stock market. Today, we all know our money can go down in value and even savers can be losers.
This is why your financial intelligence is more important today than ever before. In a world of financial turbulence, your best asset is your financial IQ.
Many of our global economic problems started in 1971 . . . when President Nixon took the U.S. off the gold standard. Throughout history, when a government went off the gold standard, an age of turbulence began.
Gold and silver: Money made by God. The U.S. dollar, yen, and Euro are examples of man-made money. When man-made money replaces real money, turbulence always follows. In turbulent times, your Financial IQ is more valuable than gold.
paperback | ISBN: 9780446509361 | Publication Date: March 2008