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RK's 15 Financial lessons if adopted by a country's educational system will change that country into a financial powerhouse. Is everything discussed in this forum building and searching found in these lessons?
1) History of Money
2) Understanding your financial statement
3) Difference between asset & liability
4) Difference between capital gains & cash flow
5) Difference between fundamental & technical investing
6) Measuring an asset's strength (B-1)
7) Know how to choose good people
8) Know what asset is best for you
9) Know when to focus and diversify
10) Minimize risk
11) Know how to minimize taxes
12) Difference between debt & credibility
13) Know how to use derivatives
14) Know how your wealth is stolen
15) Know how to make mistakes (cone)
These precise lessons in a precise order - are they the most comprehensive education in wealth building understanding for global understanding in investing?
Could anything be added that is not in this framework?
Does this expose the government, educational, political, and business leaders ignorance?
These are outlined in the last chapter of RKs book Conspiracy of the Rich!!!
1) History of Money
2) Understanding your financial statement
3) Difference between asset & liability
4) Difference between capital gains & cash flow
5) Difference between fundamental & technical investing
6) Measuring an asset's strength (B-1)
7) Know how to choose good people
8) Know what asset is best for you
9) Know when to focus and diversify
10) Minimize risk
11) Know how to minimize taxes
12) Difference between debt & credibility
13) Know how to use derivatives
14) Know how your wealth is stolen
15) Know how to make mistakes (cone)
These precise lessons in a precise order - are they the most comprehensive education in wealth building understanding for global understanding in investing?
Could anything be added that is not in this framework?
Does this expose the government, educational, political, and business leaders ignorance?
These are outlined in the last chapter of RKs book Conspiracy of the Rich!!!
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