11/07/2022
Ever heard of investing with insurance?
My rich dad taught me.
“Would you drive a car without insurance?” rich dad asked me.
“No,” I replied. “That would be foolish. Why do you ask me this question?”
Rich dad smiled and asked, “Would you invest without insurance?”
“No,” I replied. “But I’m investing in real estate. I always insure my property from losses. In fact, the bank requires that I carry insurance on all property I own.”
Rich dad then said, “It’s time for you to learn how to invest in stocks”.”
“You can invest with insurance in stocks?” I asked. “You mean you can insure against loss, or minimize your losses?”
Rich dad nodded.
“So, investing in the stock market doesn’t have to be risky?” I asked.
“No, it doesn’t,” said rich dad. “Investing doesn’t have to be risky at all, if you know what you’re doing.”
The average investor does not know this. Don’t be average.
Rich dad said, “Why lose when you don’t have to? Average investors make money when the market goes up and lose money when the market goes down.
The sophisticated investor is not looking for average information. The sophisticated investor does not really care if the markets go up or down because they make money in either market condition.”
-Robert Kyosaki
520-549-7213
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