Joseph's Cabin..

By Robert Kiyosaki The Importance of training, control, and knowledge Many people think that investing is risky. When I was growing up, my poor dad believed this. Because he valued comfort and security, he felt that smart people got a good job and saved their money. My rich dad, on the other hand, felt that my poor dad’s plan was risky. He aspired to own his own businesses and to invest his money rather than save it. As a young man, I had to decide for myself who was correct, my poor dad or my rich dad. It was not an easy decision. Both men were confident in their opinions, but after much questioning and study— as well as an understanding of what I wanted in life—it was clear that my rich dad’s path was the path for me. Along the way, I learned 3 key reasons why my poor dad really thought investing was risky—and why it was, for him and others like him. 2. Lack of Training Most people go to school to be trained on how to be an employee or self-employed. School teac...