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Final summary

The key message in these blinks

If you want to be rich, you must think and act like a rich
investor does. That means focusing on building a business and
investing in assets, not focusing on employment and savings. In
doing so, you can build and control an investment portfolio that
generates income and grows your wealth.
Actionable advice:

Decide whether you want to be secure, comfortable or rich.


Take some time to truly reflect on what your priority is: to be secure, to be comfortable
or to be rich. One is not better than the other, but they represent very different choices
and outcomes. Talk to your partner or family, and sketch out pros and cons. Being
certain in your decision to prioritize becoming rich will give you the mind-set you need.
You’ll find yourself shifting from saying “I can’t afford that” to “How can I afford that?”

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Suggested further reading: Rich Dad, Poor Dad by Robert T.


Kiyosaki
Rich Dad, Poor Dad  (1997) combines autobiography with personal advice to
outline the steps to becoming financially independent and wealthy. The author argues
that what he teaches in this New York Times bestseller are things we’re never
taught in society, and that what the upper-class passes on to its children is the necessary
knowledge for getting (and staying) rich. He cites his highly successful career as an
investor and his retirement at the early age of 47 as evidence in support of his claims.

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