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 What is better? Buying stocks or saving money? I have a very low income.?
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 What's the best thing to do with $100k in you have $75k in debt?
I might be getting some money from a relative's estate. I was considering paying off all my debt but a friend said to look at investing it somehow and using the earned money to pay down debt ...


 Is it possible to buy and sell stocks without a stock broker?
I want to invest in stocks, but I want to do it myself and get into the action of the stock market. I don't want a stockbroker....


 Is trading Forex basically legal gambling?
I'm a college student who won a chunky settlement and have been using it to pay for my living expenses. However, sick of seeing my bank account slowly deminish, I've been searching for a ...


 Is now the time to buy Gold?
with prices below 800.00/ ounce how much farther can it fall?...


 I know it's 10%...?
that your suppose to put back in your savings, but is that weekly or monthly?? Thanks for all you answer's. God B...


 What are some good stocks to buy right now?
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 What's the best investment for me?
After getting a well deserved bounus for work, I paid off all my credit cards, but there is still a decent amount left (around 10k), I'm 21 and I want to invest the money into something smart. S...


 Investing for beginners--what is the best source of information?
Is there one good book, or website, to learn all about investing? I buy magazines, have a few books, but I think I'm suffering from information overload. How does one sort through all the info ...


 Which is most suitable source of Invest our savings?
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 My husband and i just come into about $350,000.00. some finanial advisors are recomending annuities were unsur
this money will be used for retirment which is about 15 years away,some things i like about an annuity is that it is tax deffered,but i dont know much about investing all i know is that i dont want ...


 Falling U.S. Dollar?
The government is printing money and lowering interest rates at the same time. Where should someone invest their money to protect themselves from the falling dollar? (Gold, Silver, Euros, I...


 I want to start buissness with zero investment?any idea?
I was doing job in kpo,but now a days i am at home.thinking about a business wich dose not require my presence at all time....


 Investing over 50,000 pounds for a monthly income with no risk but a return of better than 7% - Any ideas ?
What would you recommend ?...


 My wife and I have an IRA with T. Rowe Price. It is divided up into stocks, bonds and money markets. So?
About 70% in money markets, 20% in stocks (international and domestic) and 10% bond funds. We are in are late forties and early fifties. Roughly 80k. Does this sound like a good mix? Any feedback ...


 Have $5000 to invest for the next 6 months what should i invest in?
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 Bank Stocks, will they ever recover?
I hold some shares of C and BAC. I can wait 30 years for them to turn around, it's no rush, I was just wondering everyone's opinion of whether banks are ever going to recover anytime in ...


 Is it a good idea to invest in the oil industry and how it can be done?
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 How can I make money with a stock that is now underwater?
I bought a stock for $25 a share. It's now worth about $18, and it's been in this range for the past 2 years. Is there anything I can do, other than selling it and writing off the $3k loss?...


 Iwant to invest in a share market. I am just a beginner. I would like to know more about the share market. Ple
what is the minimum amount required, what are the chancesof losses and what things should be kept in mind while investing in any company?...



aka tO
Rich Dad Poor Dad?
My dad is giving me 50 dollars if i complete this book. He is also offering me an additonal 50 dollars if i answer his question (What is the diffrence between assests and liabilities between the rich dad and the poor dad ) Thank you to whoever helps me out. I have completed this book i just only have one shot at the question and want to make sure i get it rigth
                     
 




Dr. K
Rating
You really should read the book. It's an easy read, should take you a few hours. The concepts are pretty easy to understand too.

What your father is trying to do is get you to take your first step to learn how to invest for your future and also how to be successful in life. This isn't a recipe book on how to become successful, it's to whet your appetite so you can start reading a lot of good books out there which will change your life. One story in Rich Dad Poor Dad is very true for me, the most valuable possessions I have are my books, they have made me very successful in finance and in life. A thief can steal all the TV's, jewels, paintings, and other stuff, but that's pocket change compare to the wealth of information in those books which are worth millions.


edco
Rating
I hope everyone else who reads your question takes the same approach and recommend that you read the book.


myshop258 l
Rating
The rich dad in the book may teach u how to make 50 times of 50 dollars your dad is giving you or even 500 times, 5000 times if you do it successfully. READ THE BOOK..


George Kaplan
Rating
It's not a bad book, and definitely worth reading. It gets one thinking about financial aspects in a different way. Another book you may like is The Richest Man in Babylon. It also illustrates basic financial concepts in a story like setting. As for the answer to your question, it's really quite easy. In fact, I believe it's even stated as "The difference between an asset and a liability is..."

George.
-=-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-=-=-
http://onlinemoneyfinance.blogspot.com


Kris Z
First you got a great dad as you will someday see... Hopefully not to late.


Melissa F
Read the book, it's not boring.


kc
If you actually read the book, that is a very easy question to answer. I am confident you will get it right.


Rabbit
Um, to "earn" the prize, I have a simple suggestion: set aside some undistracted time (like turn off the TV, music players, computer, etc.) and READ THE BOOK.

I'm no fan of the book, but the best stuff in it happens when the reader carefully reads and ponders the story on the page. The answer is there, not here.


Steve
It is a good book, probably worth reading, I wouldn't say it is his best book, The biggest difference is that His poor dad says his house is a asset, while his rich dad says the house he lives in is a liability. I like his approach to real estate, which you won't hear from many people. In his other books he has advice on stock markets and other investments. There are a bunch of good investment books rated at www.novelwagon.com if you like this one.


Rick B
Rating
Sounds like you need to read it again!


Swagga I
Rating
The difference between them is poor dad said for him to go to college and get a good job but rich dad told him to start his own business


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