Buy income generating assets first

While I have said in the past that it would be great to buy a house and treat it as an investment, I want to take it a step further. What if instead of buying a house outright, one would first buy an income generating asset that would generate positive cashflow and help take care of the monthly amortizations... 

Source:  Foreclosure Philippines

RICH DAD POOR DAD — RICH AND POOR LESSONS PART 1

I love reading business books. Some of my favorites include Jack Welch, George Perez, Donald Trump, ZigZiglar, Jack Trout, Peter Drucker, Richard Branson, Jim Collins, Thomas Stanley and yes, Robert Kiyosaki. [read more...]

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