Personal Finance
How to be wealthy?
By Singapore Stocks Investing (SSI)  •  November 4, 2014
Most people would want to be wealthy but without a definition of wealth, it is not easy to know what one's wealth goals to strive for are. This is why it is important for everyone to define what wealth to them. I would just want to share with you ho wealth is defined by me. I adopt Robert T. Kiyosaki's definition of wealth which is really insightful. Wealth is defined not in terms of dollars but in term of time. Wealth is how long one can sustain his desired lifestyle without working. This idea though simple is really a very powerful concept as it distills to readers that wealth is a cash-flow concept. If one does not work, to sustain one's lifestyle, one need passive income as savings will be used up at some points in time of a person not working. This wealth concept will lead to the next ......
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By Singapore Stocks Investing (SSI)
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