Robert Kiyosaki's Rich Dad Poor Dad

By Elwood Misch

There's no other better time to get out of the rat race, if you're into one, but now. Robert Kiyosaki's "Rich Dad Poor Dad" will show you how to make money and give you that financial independence you've ever dreamed of. The author, Robert Kiyosaki, has been very successful in teaching people on how to get rich for over 20 years.

What can Rich Dad Poor Dad show you how to be successful? His ideas are about thinking outside the traditional box. One of the things he teaches us from the beginning is to not think of making money the old way. Yes, he says go to school and get a college degree. That is very important. But, don't worry about the PhD and working as a college professor. Not that its necessarily a bad thing if you want to be a working stiff the rest of your life.

Real estate investing, this is how you can have your brain power and create wealth according to Rich Dad. Thinking about it, it's so timely to talk about that matter nowadays that a lot of homes are now in foreclosure. For the most part, Robert Kiyosaki teaches about smart financing and the old tried, tested and true principles of real estate investing is what Rich Dad Poor Dad talks about.

Finding the right properties, getting creative financing and seriously focusing on financial literacy as well as academic literacy are just some part of Robert Kiyosaki's teachings. The ways how can one truly understand what properties are good to buy, when to sell and when to hold. These are the things why Robert Kiyosaki is well known.

There have been many people who have written about how to be successful, in real estate investing, in stocks, and in life in general. Rich Dad Poor Dad is not the first, nor will he be the last. But, Robert Kiyosaki has also had some amount of controversy around his successes.

The controversy has many to investigate into whether Rich Dad Poor Dad example stories are true, up to and including the question about the people Robert Kiyosaki speaks about in the book. Do or did those people really exist? It went on to some even have made an analysis the Rich Dad was really made up to make the book more conceivable.

In 2007, Robert Kiyosaki was sued by his co-author of the book Rich Dad Poor Dad. The author do not know the reason. But we all know the fact that anybody who gets sued, is sued for something malicious. But then again, frivolous lawsuits can backfire on you and seriously a waste of time and money.

Regardless of all the controversies, Robert Kiyosaki does give some sound advice about financing and real estate investing through the book Rich Dad Poor Dad. However, it's important to note that his teachings aren't new, and you can always seek some advice from other real estate investing gurus. Whether the controversies are true or not, it is still your call if you want to follow or not follow Robert Kiyosaki. - 23218

About the Author:

Elwood Misch, prior to venturing into real estate investing, has been in different types of business and failed. He was saddened by it, but re-gained confidence after reading Rich Dad Poor Dad.

Forex Trading Signals - What To Expect

By Howard Dwinger

When it comes to using forex signals, it's important that you know that there are some intelligent equations that are used to trade the forex market. When done correctly, they can really increase profits.

You can create the signals by putting some factors into consideration. Just purchase a new 1 month high and keep it till a month low is reached. After this has happened, knock off the long placement, run short and continue to maintain it till a month high or low is reached.

The method is achievable provided the signals are taken care and fine tuned. Is trading possible via this method? Of course it is possible provided it is done correctly. This is an easy forex signal generator equation.

This idea was initiated by Richard Donchian as far as the seventies, and it is utilized by sharp traders over then to generate big profits in the long run. Do not overlook it because of its easiness.

The method has background of superior market logics as it is a cash cow. It is based on market a principle that is forex market gains momentum in the long run and it continues until it gets busted.

Analyzing one month trend in forex movement reflects the trend shifts in it. Being a one rule method, it is not propelled by anything and it is natural. Many Forex traders see it as very simple but when it is applied, they will feel the benefit of the principle.

These days, most traders feel compound equations deliver the best results, the reverse is the case, plain techniques functions best for trading the forex market. This technique is easy to apply, and it is a dateless method to trade the forex market profitably.

It's really quite simple. If follows the path of basic market principles. that the long run is where the real money is made from trading. - 23218

About the Author:

To find out more about forex trading tutorial, make sure to visit this website on forex tracer.

Retirement Investment Options

By Joe James

Saving for your future is very important. You work all your life and you want to be able to live comfortably without working and enjoy the fruits of your labor. The Best Way to do that is to invest your money in either a 401k or IRA retirement fund. These retirement funds give you a lot of flexibility and tax benefits so you can maximize your savings. However, they are very different types of funds and must be used differently.

Sometimes one doesn't have a choice and you have to get a 401(K). A 401(k) is a pension scheme setup by employers. If you have your own business you obviously cannot hope to make use of a 401(k) scheme. This also means an individual has to abide by the rules of the scheme provided by his current employer and the stock and investment options they have. Many companies do not have a 401(k) scheme. Moreover, what happens when you change jobs? In most cases, you have to shift your 401(k) plan to the new employer's program. The best part about a 401(k) is that your employer also contributes to the savings so you can get additional money.

When you use a 401(K), you can invest up to 14,000 dollars per year. This number is inclusive of both your and your employer's contribution into the plan. This type of investment plan is really great when your employer contributes to it but since you will hopefully be in a higher tax bracket when you are older you should consider only investing up to your employer's match.

An IRA is for an individual person. It's just like owning a normal investment account as you can put the money in anything you want. You can hold cash, bonds, or stocks. The investment limit is $5000 a year for age 49 or below. The money you put in is after you paid taxes but it comes out tax free when you are older. However, you have to pay an early withdrawal penalty if you take money out before you are 59 1/2. You original contributions though are tax free at any time.

You should invest in both if you can. This way you get the most benefit on your taxes. Investing in a 401k reduces your taxes now and an IRA reduces your taxes in the future. The trick is to find the right balance so you are always saving money on taxes. The best deal though is the IRA as you will probably pay more taxes in the future so you don't want all the money in a 401k to be taxed at a high percentage.

Investing for your future is important. If you want to be successful and receive the most tax benefits, it is a good idea to use both the ira and the 401k. Make sure you always invest in the 401k up to your employers contribution. Using these two methods you can save a lot for retirement. - 23218

About the Author:

Joe James gives financial advice for a living. He resides in the southwest of the United States and is a retirement specialist. You can find out more information at his website on his own money story.

The Basics of Buying and Selling Property in Costa Rica

By Randy Berg

Costa Rica is the ideal place for the ones who love to invest their hard earned money on land. Buying and Selling Property in Costa Rica, at present, is the ideal decision. The profits margins are very and it is considered to be a very good investment where people can really make handsome profits.

Here are a few tips to purchase paramount land that can give you big yields, as US population of Costa Rica will improve up to 1 million by 2010. Prices will go up all time and it can help people to gain money and make very good returns on it. Generally, Americans favor Costa Rica, since there is moderate tax liability. Comparatively, cost of living is much cheaper and this is very important benefit and you have to consider this so there are not any problems later anyway.

The availability of both beaches and the countryside pleasant life appeal the investors to do Buying and Selling Property in Costa Rica. There are many options to the investors for making more money and people do enjoy this a great deal. Many people want to profit from this real estate boom here.

The new motorway on construction, to blend with the big metropolitan cities; the new marina to be completed in Quepos, coastal town; new airport, which is under the plan near Orotina, where direct flights are available to the United States, are some of the latest development and lure of Costa Rica.

You can make Buying and Selling Property in Costa Rica, in the areas nearby these places. There are many options in these areas and people can really make good amount of profits, which will take them places. Other than these developing areas, there are various other places, where you can invest your money on Buying and Selling Property in Costa Rica. There are lots of areas which are growing leaps and bounds and people do enjoy staying here a great deal.

But, make sure to make search to gain over average. Craze for buying and selling property in Costa Rica, is not just in America, but as well in some other nations, and world's chief companies such as Intel, P and G, Microsoft are interested in the Costa Rica property. This increases job value of this area and people will come here even more then before.

Yet, land value and infrastructure are sure to develop in days to come. Buying and selling property in Costa Rica, will provide big returns to prospective buyers as well as sellers. There are lots of things that you have to keep in mind while you make some investment. - 23218

About the Author:

Let Randy Berg help you find economical properties at Costa Rica Real Estate. Interact with us through our forum.

Follow Gold in Forex Trading

By Ahmad Hassam

Gold has always been considered as the ultimate global currency. Before 1973, US Dollar used to be pegged to gold. But with the collapse of the Bretton Woods System that year, US Dollar was unpegged from gold and become a freely floating currency. Free floating means the value of the currency is determined by the economic fundamentals of supply and demand.

Now US Dollar is only backed by the full faith and credit of the US Government. In times of financial crisis like the present when the global economy is in recession, many investors try to take refuge in gold as the ultimate safe haven.

The Australian Dollar is known for its strong correlation with gold prices. Most of this is due to the amount of gold that Australia produces and exports. US Dollar has an inverse relationship with gold prices. When gold prices rise, US Dollar falls in value. This causes the currency pair AUD/USD to rise in value.

The opposite of this is also true. When USD gains value, gold usually loses value. The pair AUD/USD depreciates as a result. So when gold prices are rising, we can trade AUD/USD currency pair long. Likewise, when gold falls in value, we can trade AUD/USD short. This relationship may be due to the fact that gold is considered to be the ultimate safe haven of their wealth by investors in times of financial crisis. This relationship provides us with a method that we can use to take advantage of the fundamental factors that influence the currency markets.

We now know that AUD/USD pair reacts strongly to gold prices. How do you follow gold in currency trading? We will trade AUD/USD following gold. You should use RSI (Relative Strength Index) as the technical indicator to trigger the trade. If you have read the previous article on how to follow oil in currency trading, I had talked about using the CCI (Commodity Channel Index) to trade USD/CAD pair.

When both gold and oil are commodities, why is that we are now using RSI instead of CCI? It all depends on how quickly the two indicators react to volatility. CCI gives a quicker signal. This is good for relatively less volatile pairs. Whereas RSI gives slower signals, this is ideal for more volatile pairs like AUD/USD.

You should use a moving average to confirm if gold is in an uptrend or a downtrend. You will use the seven periods RSI on AUD/USD chart. Watch the RSI chart when it enters one of its reversal zones, then move back out of the reversal zone in the same direction as the gold is trending.

You need to enter a long trade on AUD/USD if the gold prices are rising with the RSI crossing back above the 30 line. On the other hand, you need to enter a short trade on AUD/USD pair if the gold prices are declining with the RSI crossing below the 70 line.

Set a limit order of 200 pips and a stop loss order of 50 pips. This gives a risk to reward ratio of 50/200=1/4. 200 pips mean $2000 profit if the trade goes as you had anticipated. 50 pips stop loss means a $500 loss if the trade does not go in your favor. It is not uncommon to have a trade go against you only to find yourself right back in trade that goes your way. - 23218

About the Author:

Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading and swing trading stocks and currencies. Discover A Revolutionary New Forex Robot. Develop your own Forex Trading System.