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Reading: Increase your financial IQ – Robert Kiyosaki

By on Jun 18, 2008 in Wisdom | 0 comments

Years ago, precisely in year 2003, I had picked up a book titled “Rich Dad Poor Dad”. The only reason I picked up that book was the strange title. I thought it would be a novel, but the book appeared on the shelf titled ‘Business/Management’. I bought the book – and since then I’ve bought & read almost all books written by Robert Kiyosaki. Finance is a grossly misunderstood subject. For most of us, the topic of finance starts with the monthly paycheck and ends with our ‘investment’ (huh?) in mutual funds, stock market and the EMIs you’re playing for the ‘flat’ you’re currently staying in. Robert Kiyosaki says your home is NOT your asset. Now I agree. A home is more of an ‘emotional asset’ to most of us; it’s not a financial asset. I see lot of my friends putting their money into Stock Market, without even...