... a bad attitude, that the love of money is the root of all evil and the rich are evil and greedy and all that stuff. It’s basically socialism and communism.
It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.
If you're still doing what mommy and daddy said for you to do (go to school, get a job, and save money), you're losing.
Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real estate, you often see a side of humanity that stocks, bonds, mutual funds, and saving money shelter you from.
I don't save money. Save is a four letter word! I like to borrow money because I can get richer faster on borrowed money. I have what is called retained earnings, so I don't have to save money. If I need money, I will go out and borrow it.
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