Challenge With Dr. Jerry - the First

Here is the Introduction Here is Chapter 1 Rich Dad Poor Dad Chapter 2 - Lesson 2 - Why Teach Financial Literacy? Lesson Two: Why Teach Financial Literacy? In 1990, my best friend, Mike, took over his father's empire and is, in fact, doing a better job than his dad did. We see each other once or twice a year on the golf course. He and his wife are wealthier than you could imagine. Rich dad's empire is in great hands, and Mike is now grooming his son to take his place, as his dad had groomed us. In 1994, I retired at the age of 47, and my wife, Kim, was 37. Retirement does not mean not working. To my wife and me, it means that barring unforeseen cataclysmic changes, we can work or not work, and our wealth grows automatically, staying way ahead of inflation. I guess it means freedom. The assets are large enough to grow by themselves. It's like planting a tree. You water it for years and then one day it doesn't need you anymore. It's roots have g...

Here's the Introduction Rich Dad Poor Dad is a book written by American businessman, author and investor Robert Kiyosaki in 2000. It advocates financial independence and building wealth through value investing, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence to improve one's business and financial aptitude. A good read for value investors!! Rich Dad Poor Dad - Chapter 1 - The Rich Don't Work For Money "Dad, Can You Tell Me How to Get Rich?" My dad put down the evening paper. "Why do you want to get rich, son?" "Because today Jimmy's mom drove up in their new Cadillac, and they were going to their beach house for the weekend. He took three of his friends, but Mike and I weren't invited. They told us we weren't invited because we were `poor kids'." "They did?" my dad asked incredulously. "Yeah, they did." I replied in a hurt tone. My...