Understanding the rule of 72 can help you figure out if an investment is worth putting your money in. It can also help you build wealth by comparing various investments. What is the rule of 72? Simply, it is a formula that will tell you how long it will take to double your money at […]
Alternative Investments: Still the Road to Riches?
Private equity, venture capital, and hedge funds have been the rave lately. I check the WSJ and every day there seems to be a new investor that has made millions. However, does it make sense for the average investor to dabble in these potentially risky, yet also potentially very profitable investments? Some definitions: […]
5 Best Places To Invest Your Money
Robert Kiyosaki’s CashFlow Quadrant
Who is Robert Kiyosaki? (You can read his life advice book and biography here:) However, for starters lets give you a background on just one of his many great books, Rich Dad’s Cashflow Quadrant. Robert Kiyosaki’s cashflow quadrant system can be summarized in segments: 1) Employee – this is self-explanatory, but it represents anyone that works […]