Sunday 4 October 2015

Rich Dad Poor Dad

Rich Dad Poor Dad was written by Robert Kiyosaki and was published in year 2000. It was one of the best selling book talks about personal finance and investing. In real life, there is always Rich Dad and Poor Dad surrounding us. Poor Dad emphasizes on the importance of education and secure your life with a safe and stable job while Rich Dad sees the importance of investment and financial management.

The formation of J&M Investments partly was influenced by the real life of the Rich Dad and Poor Dad we witnessed personally. Rich Dad retired 20 years ago and up until today he has no financial issue. He doesn't rely on the funding from social security or money given by his children and yet he manage to travel overseas very often. He enjoys the financial and time freedom by doing what he likes without working from any company. 

On the other hand, Poor Dad retired 10 years ago from the company he had worked for more than 20 years. Unfortunately, due to miss management of his savings and retirement funds; he had enjoyed the retirement life for only 2 years, after that was involved in a financial disaster. 

You think Rich Dad Poor Dad only happens in the book Robert Kiyosaki wrote? Nah..It happens in our real life too. Because of Poor Dad, we had the opportunity to study hard, excel in our education and landed a high income job. And because of Rich Dad, we foresee our future living in financial freedom, enjoy spending time with our love one and enjoy doing what we love to. 

We think we are on the right path, but still long way from our goal and destination. Investment is a life long journey, we need to learn as we go; learn from our investment mistakes and celebrate our winnings. Learn from the pasts and enjoy the ups and downs.

No comments:

Post a Comment