Investor Psychology 2 Replies

To get the brain thinking during the holiday season, here are some oxymorons from a book I read once probably by Robert Kiyosaki:

1. Job Security - no one is safe.
2. Saving Money - Savers are Losers.
3. Safe Investments - all have some risks.
4. Fair Share - Everyone wants a handout.
5. Mutual Fund - only mutual for the fund.
6. Diversified - all still in stock market.
7. Debt Free - Debt is a tool if used right.
8. Ponzi Scheme - Social Security & Stock Market are legal forms.

When you have a good system in place rental income can be passive. It may take some work when you are first getting started, but once you get a handle on things it settles down and becomes very passive.