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Nishanth Kulal

Let's talk about you... • 2m

"The rich DON'T work for money. They make their money work for THEM." – Rich Dad Poor Dad Can anyone explain this with real-world examples? How do people apply this mindset in daily life or business today? Would love to hear your thoughts!

Anonymous 2

Hey I am on Medial • 2m

author of this book is living under debt

2 replies2 likes

Replies (2)

Havish Gupta

Figuring Out • 2m

but his assets is much more than his liabilities. that's the thing most people don't understand. Take this example. So imagine you found an opportunity to buy an old house for 2 Cr, which is worth atleast 3cr. Now you can either invest your own money and make 50% returns..or you can just take loans (say 80%) and thus you just invested 20 lakhs of your own money and make much more returns in % terms. The money left can be used to fund other investments making one much more money. Robert does that

1 replies

Nishanth Kulal

Let's talk about you... • 2m

I heard this one before, I am not sure, but my one friend justified me in this way if you take a loan, there will be a certain period of time , where the bank starts adding interest to that in that time only if I am able to make double profit out of it , I lose nothing and I just get profit ,

1 replies1 like

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