An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.
My rich dad believed we should all learn to take care of ourselves.
Most people are happy being average. Most are happy being faceless in a sea of faces.
The environmentalists say capitalism is killing our oceans, air, land, and forests. Capitalists argue that they provide food, fuel, and building materials for a growing world.
In 1997, in Rich Dad, Poor Dad, I stated, 'Your home is not an asset.' Real estate agents sent me hate mail.
Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.