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CASHFLOW Game by Robert Kiyosaki
I am a big CASHFLOW fan because it teaches the concepts
of passive income. We have CASHFLOW 101 and 202 classes
to teach our clients, families, and friends once a
month.
CASHFLOW 101 teaches you the basics of financial literacy;
understanding how a financial statement works, training
you to manage your money as a rich person, giving you the
basics for running your own business, and teaching you what
professional investors call “fundamental investing.”
CASHFLOW 202 teaches you how to lower your risk and improve
your investment returns, regardless if the markets are going
up or crashing down. You will learn the skills and mental
tools of a technical investor… skills such as “short-selling”,
“call options”, “put options” and
“straddles”. In the investor’s terms,
these investment techniques are called “hedges against
risk.” In the world of average people, they are called
“insurance against risk.” The average investor
thinks investing is risky because they invest without any
insurance. The average investor would not drive a car without
auto insurance or live without medial insurance, yet they
often invest without investment insurance.
Professional investors protection their position and make
money if the markets suddenly go up or come down. By playing
CASHFLOW 202 many times you will also learn how to protect
your position from sudden changes in the markets as well
as profit while others are losing. As Warren Buffet says,
“The best way to make money is to not lose it.”
Obviously CASHFLOW 101 and 202 cannot guarantee your investment
success. But by mastering both games and playing with play
money, you can gain a basic understanding of both fundamental
investing and technical investing that most investors do
not have… investors who are playing with real money.
Most importantly, you will have greater confidence in yourself
when the markets start going down instead of up. You will
have more self-confidence simply because you will have a
better understanding of the markets and the investment tools
and strategies available to you.
Play CASHFLOW 202 repeatedly, master the skills of the
technical investor, and then practice what you have learned
in the real world. It may take some time to learn these
skills, but it is better to learn and be prepared for the
market changes than to live in fear of being wiped out financially.
CASHFOLOW 101 and 202 give you the basic financial education
to learn to be a rich and confident investor.
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