How Owning Assets is Better than a Job

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After reading the book Rich Dad Poor Dad, most people come under the conclusion that owning assets is better than having liabilities. That is so true. “The rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.”

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This passive income in the long run will help create more and more wealth, by the use of compounding interest. It will also allow you to not have to rely on working as well.

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Compounding interest is the interest or the rate of return of an asset that is compounded. If your portfolio generates 7% annually and you compound it for the next 30-40 years then it could be a big number.

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Owning Assets can make you wealthy

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Financial Independence with Owning Assets

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Owning assets makes this machine roll. The more you own the less you have to work at your job. That is the name of the game. Work less and get paid more.

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Swipe Up to read more about How Owning Assets is Better than a Job

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How Owning Assets is Better than a Job

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After reading the book Rich Dad Poor Dad, most people come under the conclusion that owning assets is better than having liabilities. That is so true. “The rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.”

Read More

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What are Assets?

Assets are things that generate income. When I go into work, the asset that generates income for me is my skill. Once that skill is outshined by others my asset is no longer valuable to me.

This passive income in the long run will help create more and more wealth, by the use of compounding interest. It will also allow you to not have to rely on working as well.

Passive Income creating wealth:

Read More

Compounding interest is the interest or the rate of return of an asset that is compounded. If your portfolio generates 7% annually and you compound it for the next 30-40 years then it could be a big number.

Read More

Owning Assets can make you wealthy

Read More

Owning assets is a major thing that rich people often do. If they have assets producing passive income they will not have to produce active income as much, and then they will be able to concentrate their mind and skills on other avenues of life.

Financial Independence with Owning Assets

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Owning assets makes this machine roll. The more you own the less you have to work at your job. That is the name of the game. Work less and get paid more.

Read More

Swipe Up to read more about How Owning Assets is Better than a Job

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