Clever investor: Are You Planning to Be Rich or Are You Planning to Be Poor?

Clever investor: Are You Planning to Be Rich or Are You Planning to Be Poor?

Investor Lesson #5: Are You Planning to Be Rich or Are You Planning to Be Poor? “Most people are planning to be poor,” said rich dad. “What?” I replied in disbelief. “Why do you say that and how can you say that?” “I just listen to what people say,” said rich dad. “If you want to see a person’s past, present, and future, just listen to his or her words.”

The Power of Words Rich dad’s lesson on the power of words was very powerful. He asked, “Have you ever heard someone say, ‘It takes money to make money’?” Standing to get two soft drinks from the refrigerator, I replied, “Yes. I hear it all the time. Why do you ask?” “Because the idea that it takes money to make money is one of the worst ideas there is. Especially if a person wants more money,” said rich dad. Handing rich dad his soft drink, I said, “I don’t understand. You mean it doesn’t take money to make money?” “No,” said rich dad, shaking his head. “It does not take money to make money. It...
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