Creating Wealth!
March 30th, 2007 by adminCreating wealth is a way to gain financial freedom quickly. Based on my understanding of the Rich Dad’s series by Robert Kiyosaki, the rich people create wealth. For example, the rich people start a company and get it listed on the stock exchange. The shares of a start up company are not really valuable. But the company manages to be listed in the stock exchange, the value of the shares suddenly shot up.
Another way to create wealth is writing options. I can write contracts to sell or buy shares at a particular price that is valid for a period of time and sell the contracts for money. In that sense, I am creating money out of a contract.
But exactly what is involved in the process of creating wealth? So far I only know that I can create wealth by starting a company and getting it listed because I read about it. If I do not understand the concept of creating wealth, then there is no way I can be creative to find other ways to create wealth.
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