Investor Wisdom

The number one rule is to know the difference between an asset and a liability. The rich focus on their asset columns while everyone else focuses on their income statements. The more money that goes into my asset column, the more my asset column grows. The more my assets grow, the more my cash flow grows. And as long as I keep my expenses less than the cash flow from these assets, I will grow richer, with more and more income from sources other than my physical labor.

-Robert T. Kiyosaki

* * * * *