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Rich Dad, Poor Dad. I had never really thought about investments before, or the difference between assets and liabilities.


I think this link was shared on hackernews before, but you need to read this[0]. Gives you some background and pain-points.

[0] - https://johntreed.com/blogs/john-t-reed-s-real-estate-invest...


That's worth knowing for some readers maybe, but for me personally after looking through the bullet points in that post, I found it didn't really apply to me.

None of the things he's criticizing were things I took away from the book. Examples, "If you're gonna go broke, go broke big"--> obviously stupid, just disregarded it; "Convinces people that college is for suckers" --> already was completing my degree, am well aware of the value of a higher education and also how it isn't for everyone, this had no impact on me whatsoever; "Advocates committing a felony: have rich friends for trading stock based on non-public inside information, he says "That's what friends are for." --> I am perfectly aware of what insider trading is and that it's a felony, again not exactly what I took away from this book.

And so on. What I took away was assets vs liabilities and using your money to make more money. That's it. And that's all I needed, that was the golden key.


Yes. Assets vs Liabilities. I read it when I was maybe 15. Made a huge impact on me.




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