Invest in assets that generate passive income from "summary" of Summary of Rich Dad Poor Dad by Readtrepreneur Publishing
Investing in assets that generate passive income is a key concept in achieving financial independence. By putting your money into assets that bring in regular income without requiring active involvement, you can build wealth over time. This passive income can come from various sources such as rental properties, dividend-paying stocks, or royalties from intellectual property. Unlike active income, which requires your time and effort to earn, passive income allows you to make money while you sleep. This concept is emphasized in the book as a way to break free from the cycle of working for money and instead have money work for you. By focusing on building a portfolio of income-generating assets, you can create a steady stream of passive income tha...
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