the top 4 assets you should invest in:

The Top 4 Assets you should invest in:

Many people say that to school and get a high-paying job. That’s not creating wealth. That's a job.

"you should focus on your asset column, not on your income statement."

There are basically 4 asset classes that make a person rich.

Number 1 is Business. The richest young guys today start companies. Some great examples of this are Facebook, Google, Apple, etc. Number 2 is real estate. What my dad taught me is the combination of being an entrepreneur in business and an entrepreneur in real estate. Now due to this combination, I pay no tax and I make a lot more money.

The 3rd asset is Paper. Savings in gold, papers like stocks bonds mutual funds are liquid. You make a mistake, you can get in and out real quick. The last asset is Commodities and this is why much people own oil because in the U.S. if you deal in oil, you get tax breaks. So oil is very profitable.

LISTEN FROM ROBERT KIYOSAKI (RICH DAD POOR DAD WRITER)