Many of you will already be familiar with this book because it is the one we have most often gifted to friends, family members, associates and CapitalQ Community Members.
Kiyosaki is the author of the well known “Rich Dad, Poor Dad”, but “The Cashflow Quadrant” is our preferred of his work.
The book is relevant to revisit because much of Kiyosaki’s wealth has been built on the back of property.
But the focus is certainly not just property. The Cashflow Quadrant illustrates the shortcomings in the majorities’ view of how to achieve wealth and financial freedom.
In particular one idea that really resonates for us is in relation to diversification.
Because lack of diversification is a frequent criticism of property as an investment by financial planners. The purported value of diversification is enshrined in the financial planning industry, even in its laws. But for us, we feel its value is overstated, as does Kiyosaki.
From the book…
“People who seek security use the word diversification a lot. Why? Because the strategy of diversification is an investment strategy for “not losing”. It’s not an investment strategy for “winning”. Successful or rich investors don’t diversify. They focus their efforts.”
We have 5 Free Copies to Give Away!
For the first 5 people who take their social engagement with us to the next level, we will send a free copy of the Cashflow Quadrant. All you have to do is…
- Like our Facebook Page
- Follow us on Instagram
- Subscribe to our YouTube Channel
- Then email firstname.lastname@example.org and let her know you have done all three, and she will immediately send you your free copy!
(Give away ends 1 January 2020.)