Friday, August 26, 2016
Invest and Get Rich
Are you looking for ways to make your money work harder for you instead of working harder for your money? Robert Kiyosaki, author of "Rich Dad, Poor Dad", gave insights on making money and what to do with it. In a recent interview on MarketWatch, he suggested that rich people don't work for their money. We were always taught to get an education and find a job that we can work hard in to make great money. Kiyosaki advises that if you are saving part of your earnings and investing in the stock market, you are going to lose. He predicts the worst stock market crash in history will occur in 2016. So what is the best investment now? It's up to each of us to discover but we must be realistic.
Regardless of whether the market is up or down, look for a real estate bargain. Keep your eyes open for investment opportunities that others don't see. However, be mindful of taxes in states like Hawaii, California and New York. Look for areas, like Florida, that are favorable to investors with regards to debt, taxes and laws. Whenever you are ready, Kohan & Associates is here to assist with your investment. Reach us at www.Suncoasthome.com.