Tag: #philosophy
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Appreciation vs cash flow investing philosophies
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There are at least two major investment philosophies. The first is to invest for appreciation the other is to invest for cash flow.
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What do you mean, “my home is not an asset”?
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If you have ever read the classic Rich Dad, Poor Dad [1] you have seen Robert Kiyosaki assert that your home is not an asset but rather a liability (note: if you haven’t read this book, you should, it is a classic and helps establish the mindset required to become financially independent). This is one…