Turning Bad Debts into Good Debts through Investing Fundamentals

If you've ever earned enough money to put some aside, like most people you've probably invested it with an eye toward security ? since, perhaps, you can't imagine yourself ever getting rich.

"Most people dream of becoming rich, but it isn't their first choice," Rich Dad said. That's because the effort to make money and uncertainty of becoming rich disturbs them and they seek refuge in the easier goals of security or comfort.

People who make security and comfort their first and second choices are often seeking a single 'hot investment tip' to make money ? a simple, risk-free way of getting rich quick. Some people do get rich on one lucky investment, but all too frequently the money they amass is later lost. by Rich Dad, Poor Dad by Robert T.Kiyosaki

Robert T. Kiyosaki's demonstrates through variety of products(games, books and audio products) how ordinary people can enrich themselves with the necessary skills to make money, attain financial freedom and master individual financial opportunities open to us through opening business, investments, Real Estate investments and Various financial instruments..

The E-Game(cashflow) 101 and 202 and cashflow for kids are the essential games from Rich Dad, Poor Dad, which I would rather refer to as investment/financial educational tools, are very valuable. It is the only educational tool that combines investing/money making ideas and also improving ones understanding on cashflow principles (money going "in" and money going "out") at the same time. There are also books on business and real estate investments etc and audio CDs/DVDs on various investments, turning bad debts into good debts, real estate riches and retiring young.

Joseph Akintaju is the editor of http://www.jpservicez-smart-bargain-shopping .com and http://www.1-realestatelistings.com

In The News:


ABC News

Clinton’s debt relief plan, cont’d
Politics on the Hudson, NY - 19 hours ago
Hillary Clinton is continuing her efforts to retire her debt from her presidential campaign. The latest event is “Hillary Live! A Conversation with Senator ...
Gather Ye Campaign Cash While Ye May New York Daily News
State nod helps Clinton raise funds Washington Times
‘Ugly Betty’ to help Hillary Clinton repay presidential campaign debt Newspost Online
New York Daily Newsall 157 news articles

Greek PM offers limited relief for poor as crisis bites
Forbes, NY - 37 minutes ago
... Dec 5 (Reuters) - Greece's prime minister on Friday offered limited financial relief to the poor, saying the country's huge debt burden prevented more ...

The Oviedo-Winter Springs Voice

Mall owner gets debt relief
The Oviedo-Winter Springs Voice, FL - 15 hours ago
By Jenny Andreasson General Growth Properties has two extra weeks to pay off its $958 million debt. It also gets a boost from two companies that invested in ...

UPDATE 1-Freescale opts to make PIK interest payment on debt
Reuters - 12 hours ago
... an interest payment on its debt next year, taking advantage of one of the debt relief tools offered by lenders in the height of the private-equity boom. ...

European shares fall ahead of US jobs data
MarketWatch - 41 minutes ago
This credit crises was ultimately triggered by the consumer defaulting on their debt, especially mortgage loans, causing a cascade of defaults on many types ...

BBC News

Bernanke: 'Work It Out. Now.'
Forbes, NY - 13 hours ago
Bernanke's support for debt relief is a departure from February, when he told a US Senate Banking Committee meeting that a bill allowing bankrupcty judges ...
UPDATE 1-Bernanke says need to do more to halt foreclosures Reuters
Housing is still the epicenter Atlantic Online
Bernanke throws weight behind more foreclosure relief MarketWatch
Seeking Alpha - Denver Postall 1,350 news articles

C& subsidiaries granted debt relief
중앙데일리, South Korea - Dec 3, 2008
Creditors yesterday agreed on a debt workout program requested by the companies. The market has closely watched the shipbuilding and construction arms of ...

Reuters

Nonbank Firms Like Avis Seek to Broaden US Relief on Credit
Wall Street Journal - Dec 3, 2008
Among the latest seeking relief is car-rental chain Avis, which wants to turn the Troubled Asset Relief Program, or TARP, into a bigger tent. ...
Details lacking in troubled asset relief efforts Asbury Park Press
Paulson’s Remarks on the US Economy Wall Street Journal Blogs
Firms Seek More Action to Unfreeze Lending Wall Street Journal
Wall Street Journalall 44 news articles

International Business Times

Correction: Fitch Rates Chicago, IL $590.9MM GOs 'AA'; Outlook Stable
MarketWatch - 16 hours ago
Proceeds of a portion of the series 2008C and E bonds will be used to restructure debt service for $60 million in budget relief in 2008 and 2009. ...
Fitch Rates New York City's $308MM GOs 'AA-'; Outlook Stable PR-Inside.com (Pressemitteilung)
all 76 news articles

Obama pledges relief to governors
The News Journal, DE - Dec 3, 2008
"We don't believe economic problems that were in large measure created by too much debt will be solved by more debt," Sanford said Tuesday. ". ...
At meeting of governors, state leaders press Obama for federal ... Dallas Morning News
Obama vows to aid states with budget, job troubles Pittsburgh Post Gazette
What shape will stimulus take? Laconia Citizen
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