Robert Kiyosaki - Real Estate Options

Robert Kiyosaki's Cashflow 202 game has 2 tracks - the Rat Race and Fast Track. On the Rat Race track, there are various kind of spaces which you move from a space to another. PAYCHECK Every time you land on or pass the paycheck space, you will receive the amount of your monthly cashflow from the bank. If this amount is negative, you must pay it to the bank. DOWNSIZED If you land on the downsized space, tough luck. It means you have temporarily lost your job. Pay the amount of your total expenses AND lose 2 turns! BABY If you land on baby space, you will need to do the following: Increase the number of children on your game card. Add the Per Child Expense on your game card to your Child Expenses in the expense column. Add your per child expenses to your total expenses. Reduce your monthly cash flow by the per child expense. Have your game card audited. Some much trouble. Maybe that is why Robert Kiyosaki does not currently have any kids! DOODADS Doodads are the unexpected and often unnecesary items which you spend your money on. When you land on a doodads space draw a doodads card and follow the directions. OPPORTUNITY There are 2 kind of opportunity cards -- small deals and big deals cards. They contains a variety of investment opportunities that may help you in your quest to get out of the rat race. When you land on an opportunity space, you may choose either to take a small deal or a big deal card. The largest small deal is $5000 to get into and the big deals begin at $6000. THE MARKET The Market cards are where you will find buyers for your investments. The market cards also include economic events which may affect your financial position. For example, interest rate increase etc. CHARITY Upon landing on charity, you may choose to give 10% of your total income to charity in exchange for the use of 2 dice on each of your next 3 turns. Charity is optional.

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2. Just finished " Rich Dad Poor Dad " . Loved it, I never had the benifit of the rich dad influence . I look at my father and see how his fears kept him playing it safe his entire life. And I watched him work 12 plus hours every day until age 65. And by his own words hated it. I wish the book was around 30 years ago for him to read. Because he certainly had the ability to build him asset column with and income of 200 to 300 thousand a year. But was taught to play it safe and as a result began to suffer both physically with his health and mentally with working 12 plus hours a day. He said once to me"All it takes is one illness to wipe everything out. His fear kept him workingAnd he always worked for money. And not let money work for him.
3. in this generation ....i guess ur my financial advisor
4. Great video on options!!