🌟🌟🌟There is a saying by Mark Twain "Truth is stranger than Fiction, but it is because Fiction is obliged to stick to possibilities, Truth isn't. "
I wonder why would Robert Kiosaki of Rich Dad Poor Dad's fame reveal that he has USD 1.2 billion in debt? That is a massive amount. The reality is he wants the world to know that he is making use of other people's money to make more money.
There is good debt and bad debt. Good debt is like a bank loan on a house which can appreciate in value over time. A bad debt is like buying a car which is a depreciating asset that does not increase in value over time.
But his statement "because if I go bust, the bank goes bust". That sounds like a very irresponsible statement. But the reality is in life we have to take risk for everything we do. When we invest in the stock market we take a risk that the stocks can go bust but more likely than not, if we make right choices, they will continue to grow exponentially with themagic of compounding.
Reality is a meme because what we perceive as fiction maybe a reality after all. Different people have different perceptions and that's why the world is such an amazing place.
@Tiger_comments @TigerStars @TigerClub @TigerPicks @MillionaireTiger @CaptainTiger @Tiger_SG
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