Robert Kiyosaki "Savers are losers" do you agree with this?

Philippines
November 26, 2015 6:21am CST
Robert Kiyosaki is famous for his books in financial help like Rich Dad Poor Dad. He recently said savers are losers, which I kind of agree. I am trying to invest in money growing plans and prepare for the future. Although I am not kind of very aggressive that I go for stock markets and invest on stocks. Some of the money I also think should be saved by the bank. But I think having a business is more better than finding an investment plan because your business is one you own by yourself and you have control. What do you think?
5 people like this
4 responses
@scheng1 (24650)
• Singapore
26 Nov 15
Not everyone is born with a business mindset. Not everyone can start a business and make it big. There are so many ways to make a living, and only one way to keep the money. if you do not know how to keep the money, there is no use making all the money in the first place. Once you can keep the money, you can think of ways to make it grow.
3 people like this
• Philippines
26 Nov 15
Me, I think of it as simultaneously looking for opportunities outside my work to earn and grow money passively. There is passive and active income, I am trying to figure out the passive income because currently I am already doing active income.
@wiLLmaH (8801)
• Singapore, Singapore
26 Nov 15
Yes. Savers are losers. Because the megre interest that banks add up on our savings accounts are not sufficiently coping up with the inflation rate we ha e now. Stocks are too risky if you will not study each company you will buy.
1 person likes this
• Philippines
26 Nov 15
Do you have or buy stocks?
1 person likes this
@wiLLmaH (8801)
• Singapore, Singapore
26 Nov 15
@jvincent_129 i do invest in stock market :)
1 person likes this
• Philippines
26 Nov 15
@wiLLmaH How is it been going so far? My opinion in stocks is neutral. You win some you lose some.
1 person likes this
• Preston, England
29 Dec 15
if your business succeeds yes but in a competitive market more lose than win so investments can be lost while saving money is slower to accumulate with interest it is generally safer
• Preston, England
30 Dec 15
@jvincent_129 you have an idea how finance works - many just try with no more skill than a spin of a roulette spin - they might win but just as likely they'll lose everything
• Philippines
31 Dec 15
@arthurchappell thanks for the advice.
• Philippines
30 Dec 15
I think putting in both categories you can get a balance with financials. I believe that is best.
1 person likes this
• Abuja, Nigeria
26 Nov 15
I strongly disagree with you, the business you said is more better is also an investment everyone going into business are actually saving and investing for the future. you own the business by yourself you invest money into the business with the aim of making profit.so I believe everything we do involve investment ,plans and preparation for the future so'' savers are the ultimate winners''
1 person likes this
• Philippines
26 Nov 15
Yeah. But also saving too much is also bad. Saving as in parts of it and use the savings for business and investment plans.
• Abuja, Nigeria
26 Nov 15
@jvincent_129 yeah you are right you use your savings for business, but don't forget that business is also an investment, the bottom line is saves wisely and invest wisely
1 person likes this
• Philippines
26 Nov 15
@deaaborfa Cheers bro.
1 person likes this