Basics of Finance/ Stock Market

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  Rich Dad Poor Dad- Summary Rich Dad Poor Dad- Summary It is one of the greatest books that everybody should read as it focusses on basic finances that normal people forget or don’t pay attention to and especially if you are a teenager than this book is a must. It is one of the best-selling books of all time. This book is written by the famous author Robert Kiyosaki, who now a days also teaching about basic finances which everybody should know, through his YouTube channel . Robert Kiyosaki The main points that this book focuses on are: Fear and Desire: The author says that due to these 2 emotions, people tend to work throughout their lives and never get time to enjoy. He calls this a Rat Race. He says no matter how much your salary increases, you cannot be rich as salary increases, taxes increase, and monthly expenses also increase; if you want to be rich, you need to invest your money. Assets and Liabilities: Know the difference b/w assets and liabilities- Rich Dad. He says ass...