Choose investments based on their potential for longterm growth from "summary" of Rich Dad's Guide to Becoming Rich Without Cutting Up Your Credit Cards by Robert T. Kiyosaki
When it comes to investing, it's crucial to have a long-term mindset. Short-term gains may be enticing, but they often come with high risks. Instead, focus on investments that have the potential for sustained growth over time. This approach requires patience and discipline, as it may take years before you see significant returns. However, the reward can be well worth the wait. One key factor to consider when evaluating investment opportunities is the underlying value of the asset. Is the company or property in question fundamentally sound? Does it have the potential to grow and expand in the future? By focusing on investments with strong intrinsic value, you can increase your ...
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