Hey guys sorry for the late post. Real-life became freakingly hectic.
As promised here's the video of me playing Robert Kiyosaki's Cashflow 101 E-Game.
Even though I lost at this particular game session I have learned a lot playing this game repeatedly everyday for 1 whole year.
Yes. ONE WHOLE YEAR. I am not dumb or anything (I know that there are 29 letters in the English alphabet before Pluto was demoted into a dwarf planet). But there's something MAGICAL about this game that shifts your entire paradigm as you repeatedly play this game.
Part 1:
Part 2:
Part 3:
Here are the three main lessons I learned from the video game:
1.) Use part of your income on things that appreciate in value and can be sold quickly (Capital Gains assets)
2.) After selling those things that sell in value buy things that give you "salary" even though you are not physically working on them (Cashflow assets)
3.) Use the "salaries" you get from the Cashflow assets to buy bigger things that will give "salaries" (like buying the entire McDonald's franchise, buying a gold mining company, etc.)
More details about my investing experiences will be explained on future posts so please stay tuned. :)
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WARNING:
Articles posted in this blog are from my actual life experiences and opinions. These do not guarantee a life of riches, alleviation of poverty, or making the world a better place. I am NOT LIABLE if you follow any of the articles posted in this blog and got poor.
INVEST AT YOUR OWN RISK.
YOU, YOURSELF ARE RESPONSIBLE FOR YOUR OWN DESTINY.
