Invest in assets that generate passive income from "summary" of Rich Dad Poor Dad by Robert T. Kiyosaki
One of the key principles of financial success that my rich dad taught me is the importance of investing in assets that generate passive income. Passive income is money that comes in without you having to actively work for it. It is the key to financial independence because it allows you to earn money even when you're not working. Investing in assets that generate passive income is a smart way to build wealth because it creates a steady stream of income that can support you over the long term. This income can come from a variety of sources, such as rental properties, dividends from stocks, royalties from intellectual property, or interest from investments. The key is to find assets that will continue to generate income for you even when you're not actively working. One of the...
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