I just want to share with you what I learned from John Calub. If you want to enrich your mind and acquire wealth, then all you have to do is attend seminars about personal development and self-help stuff.
I hope you'll like it.
2 Types of Income
1. Active Income (get by working) --> income of the poor
2. Passive Income (income without working) --> income of the rich
MSPI (Multiple Sources of Passive Income)
4 Asset Classes
1. Real Estate Rental Income
2. Own Business
3. Paper Assets (Savings, Time Deposits, T-bills, bonds, mutual funds, stocks, forex)
4. Commodities (gold, silver, and oil)
Rules of Investing:
"Never invest money you can't afford to lose"
That's it! I hope you learned something. Thank you and have a great day ahead. :)
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