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's the best way to get started on a path to being rich。 Keep doing that; and your asset column will grow。 Focus on keeping liabilities and expenses down。 This will make more money available to continue pouring into the asset column。 Soon; the asset base will be so deep that you can afford to look at more speculative investments。 Investments that may have returns of 100 percent to infinity。 Investments that for 5;000 are soon turned into 1 million or more。 Investments that the middle class calls 〃too risky。〃 The investment is not risky。 It's the lack of simple financial intelligence; beginning with financial literacy; that causes the individual to be 〃too risky;〃
If you do what the masses do; you get the following picture。
Ine = Work for Owner
Expense = Work for Government
Asset = (none)
Liability = Work for Bank
As an employee who is also a homeowner; your working efforts are generally as follows:
1。 You work for someone else。 Most people; working for a paycheck; are making the owner; or the shareholders richer。 Your efforts and success will help provide for the owner's success an