Personal Finance Quotes

If you could not maintain a 20% return from capital invested, you were not really an investor. [2000] - Robert T. Kiyosaki

All you have to do is be creative and you can be rich for life. It is a way of thinking that creates assets and once you have that way of thinking you will be richer than you ever dreamed possible. [2000] - Robert T. Kiyosaki

Investment vehicles in which the rich invest that the poor and middle class do not include initial public offerings of stock (IPOs), private placements, and other corporate securities. [2000] - Robert T. Kiyosaki

The rich can buy at very low prices as well as in volume. That is one of the reasons why the rich get richer. [2000] - Robert T. Kiyosaki

It is recommended that you have six months' to a year's worth of living expenses held in cash. [1999] - Robert T. Kiyosaki

Subscribe to investment newsletters and study them. [1999] - Robert T. Kiyosaki

Real assets fall into several different categories: 1. Businesses that do not require my presence. I own them, but they are managed or run by other people. If I have to work there, it's not a business. It becomes my job. 2. Stocks. 3. Bonds. 4. Mutual funds. 5. Income-generating real estate. 6. Notes (IOUs). 7. Royalties from intellectual property such as music, scripts, patents. 8. Anything else that has value, produces income or appreciates and has a ready market. [1998] - Robert T. Kiyosaki

Financial IQ is made up of knowledge from four broad areas of expertise: 1. Accounting (Financial literacy). 2. Investing (The science of money making money. This involves strategies and formulas). 3. Understanding markets (The science of supply and demand). 4. Law (For instance, utilizing a corporation wrapped around the technical skills of accounting, investing and markets can aid explosive growth). [1998] - Robert T. Kiyosaki

A passive income of more than $100,000 a year is nice and not hard to achieve. Depending on the market and how smart you are, it could be done in five to ten years. [1998] - Robert T. Kiyosaki

If you have any desire of being rich, you must focus. Put a lot of your eggs in a few baskets. Do not do what poor and middle class people do: put their few eggs in many baskets. [1998] - Robert T. Kiyosaki

Most junior colleges and community colleges have classes on financial planning and buying of traditional investments. They are great places to start. [1998] - Robert T. Kiyosaki

In today's fast-changing world, it's not so much what you know anymore. It is how fast you learn. It's priceless in finding faster formulas--recipes, if you will, for making dough. [1998] - Robert T. Kiyosaki

I have expensive attorneys, accountants, real estate brokers and stockbrokers. If the people are professionals, their services should make you money. And the more money they make, the more money I make. When I interview any paid professional, I first find out how much property or stocks they personally own and what percentage they pay in taxes. [1998] - Robert T. Kiyosaki

The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income. [1998] - Robert T. Kiyosaki

You must learn to handle financial pressure. Take 10 percent of all you earn up front and give it away. After you give away 10 percent of your income, take another 10 percent to reduce your debts and a third 10 percent to build up capital to invest. You need to live on 70 percent of what you have. [1989] - Anthony Robbins