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When you diversify your mutual funds, you are diversifying something that is already diversified. Diversifying mutual funds is like taking high octane gasoline & adding water & then adding orange juice to it.

Robert Kiyosaki

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Robert Kiyosaki
Age: 77
Born: 1947
Born: April 8
Blogger
Businessperson
Entrepreneur
Financier
Helicopter Pilot
Investor
Military Officer
Motivational Speaker
Radio Personality
Teacher
Hilo
Hawaii
Robert Toru Kiyosaki
Robert T. Kiyosaki
Already
Gasoline
High
Funds
Water
Adding
Something
Juice
Like
Orange
Fund
Diversifying
Mutual
Diversify
Taking
Diversified

More quotes by Robert Kiyosaki

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Don't invest in what you don't know. Learn first then invest.
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The poor and the middle class work for money. The rich have money work for them.
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Hoping gets you nothing in life. If you want more in life it’s your job to earn it.
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In today's fast-changing world, it's not so much what you know anymore that counts, because often what you know is old. It is how fast you learn. That skill is priceless.
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People need to wake up and realize that life doesn't wait for you. If you want something, get up and go after it.
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If your mind is open to opposing ideas, your intelligence will go up. If your mind is closed to opposing ideas, your ignorance is in control. Intelligence or ignorance? Your ability to keep an open mind and appreciate multiple points of view is conscious choice. And one that can open your world, and shape your childs future.
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Success is a poor teacher
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If you realize that you're the problem, then you can change yourself, learn something and grow wiser. Don't blame other people for your problems.
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Financial freedom is available to those who learn about it and work for it
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There is no one road to success, you must find your own route.
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Business and investing are team sports.
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The most important job of an entrepreneur is to design the business before there is a business.
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Over the years I have found that many of the richest people in the world began their lives with the habit of tithing.
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I can lose three million dollars because it's just paper. Thus, my lifestyle is not dependent up the stock market.
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Rule One. You must know the difference between an asset and a liability, and buy assets. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.
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I wasn't born a natural entrepreneur. I had to be trained.
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There are three sides to every coin (Heads, Tails, and The Edge). Your ability to understand contrasting points of view and your ability to glean what information you believe to be valuable from each side is a crucial skill.
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Successful people ask questions. They seek new teachers. They're always learning.
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The world is full of smart, poor people.
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As I said, I wish I could say it was easy. It wasn't, but it wasn't hard either. But without a strong reason or purpose, anything in life is hard.
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