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How to retire young and rich

12

I consider myself lucky to some extent. I learned about Kiyosaki when I was still at the institute. I have read some of his books:

Rich dad, poor dad"

"How to Retire Young and Rich"

"Before You Start Your Business"

"Cashflow Quadrant"

and was very inspired, set on fire with the dream of creating his own business and becoming free.
When I was still a student, I saw how the educational system works – exactly as Robert says. It creates hired workers who will maintain the existing system. All my life to work for the sake of a pension – you must admit this is absurd.

I began to think how to organize my business, where to start? How to save your first capital?

And the idea came.

I lived in a hostel and as a rule after 10 pm the exit is already closed for students. And often there is a need to buy, for example, beer, cigarettes, chewing gum, chips, juice, and so on. I bought products at wholesale prices and said that you can buy all these things from me at any time. Soon the whole hostel knew about me and so I began to earn my first money.

I made pretty good money. He opened a savings account in several banks and accumulated money there. For 5 years, while I was studying at the institute, I managed to accumulate about 4,000 dollars in accounts. Since my studies ended, I began to think about how to profitably attach money and what to do next?

I decided to open my own stall in the bazaar and sell the same things – beer, cigarettes, chips.
I found a suitable place, bought it and began to work further. He hired a salesman, and he was looking for opportunities to expand his business. When a good offer came across, a place with a stall was sold, I bought it out and opened another point. Many businessmen I know spent money on restaurants and women. I did not spend money, but saved up and, if possible, invested in the opening of new outlets.

When the cash flow became large enough, I decided to follow Kiyosaki's investment strategy, namely creating a business – he invests money in real estate, receiving income.

I bought an apartment and began to rent it out. Then another. As a result, I bought 3 one-room apartments and one commercial property, which I rent out as an office.

By the age of 30 I had achieved very good results in my opinion. But the business was exhausting, and I wanted peace. I decided to sell all my outlets and buy a house in Spain by the sea and moved there to live. He invested part of the money in the purchase of shares in a company that pays 10 percent per annum to its shareholders. My sister looks after the property. Collects rent and sends them to me by transfer.

Bottom line: My results

1 3 apartments for $200 – $600

2 Commercial real estate – $350

3 Stock income – $4,000 dollars per year.

I give $50 to my sister for collecting rent.

Now I am additionally studying the possibility of making money on Forex lying on the seashore with a laptop in my hands.

From myself I will add, it is a pity that in schools, institutes – we are not taught financial knowledge. This would give students more choice in what to do after graduation.
On the other hand, it's never too late to change your life. Books on business, investing, are sold everywhere, and if anyone wants to change his life, learn something more about money, you can just go and buy them at any time.

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