And that huge number is partly the point he keeps making which is that, wealthy people more often than not, borrow against income-producing assets, while everyone else tends to borrow for things that lose value.
$1.2 billion in investment debt does not automatically mean the Rich Dad became Poor Dad. If anything, it’s close to the strategy the book talks about, which is using borrowed money to control income-producing assets, and letting the assets service the debt.
Of course, if those apartments stop producing enough cash and start draining money instead, then by his own definition they become liabilities. But until then, the debt number by itself doesn’t really prove the contradiction most people reacting to this news think it does.
.@ProfJNMoyo wants me to explain to him in detail why I say #NoToCAB3. I don’t really have time to engage him individually, but if there’s sufficient interest from all of you, I’ll find time.
So if we can get 1k RTs, I’ll do a series of posts/videos explaining each issue. Deal?
@NewsHawksLive Is IsiNdebele an IsiZulu dialect or a full language on its own with lexical similarity to IsiZulu?
And again, the mutual intelligibility is high between the 2.
@mufudzi_@sdube08 Exactly, we are gifted differently. While entry points may vary, talent exists in every classroom, there are A+ students shaping the future in Teaching, just as there are B- students in Actuarial Science.
@RaisedonB Confronting the truth is too painful at times. Anything that make people remember a painful past might not always be accepted. But it should not deny us that truth🤷♂️.
Always aspire to:
Advise without preaching,
Listen without judging,
Praise without comparing,
Criticise without hurting,
Win without gloating,
Lose without sulking,
Live without regret.
Canva is now superior to Photoshop. Anyone telling you different, wants to eat your money for nothing.
Capcut and Canva are now better than Final Cut X and Premier. There is nothing that 99.9% of you need for a video in 2024 that needs more than a free online software.
Bubble and Thunkable are now superior app builders than Native code for 90% of all applications. Considering you can clone every unicorn on the AppStore on Thunkable, why bother with a ten man dev team to build an Airbnb clone.
Go on YouTube to learn:
1) Thunkable or Bubble
2) Canva
3) CapCut
Thank me later.