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Invest in assets that appreciate over time from "summary" of Rich Dad Poor Dad by Robert T. Kiyosaki,Sharon Lechter
To build wealth and achieve financial independence, it is crucial to invest in assets that increase in value over time. This principle is at the core of creating long-term wealth and financial stability. By putting your money into assets that appreciate in value, you are essentially planting seeds that will grow and multiply over time. Assets that appreciate can take many forms, such as real estate, stocks, bonds, and businesses. These assets have the potential to increase in value over time, generating wealth for their owners. When you invest in appreciating assets, you are positioning yourself to benefit from the power of compounding growth. This means that your initial investment grows over time, producing a snowball effect that can lead to significant wealth ...
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