Turning Bad Debts into Good Debts through Investing Fundamentals -

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Turning Bad Debts into Good Debts through Investing Fundamentals

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:

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.afrol.com/articles/31882cid=0ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNFr5jQYtUjqTsIR-6twavHYKUdVNgTogo qualifies for bdebt relief/b/abrfont size=-1font color=#6f6f6fafrol News,nbsp;Lesothofont size=-1 class=ima href=/a/fontnbsp;-/font nobr7 hours ago/nobr/fontbrfont size=-1afrol News, 2 December - Togo has been approved for bdebt relief/b under enhanced Heavily Indebted Poor Countries, after reaching a decision point under the b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://economictimes.indiatimes.com/News/Economy/Policy/Andhra_pays_for_fiscal_profligacy_may_be_denied_debt_relief/articleshow/3782142.cmscid=0ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNGYAEgBDz7bNuEIgKg2-v_GjnsEWAAndhra pays for fiscal profligacy, may be denied bdebt relief/b/abrfont size=-1font color=#6f6f6fEconomic Times,nbsp;Indiafont size=-1 class=ima href=/a/fontnbsp;-/font nobrDec 1, 2008/nobr/fontbrfont size=-1In FY08, the state got a bdebt/b-brelief/b of around Rs 1889 crore. â€œWe have been attaining a revenue surplus despite huge allocations for revenue expenditure b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.gulf-times.com/site/topics/article.asp%3Fcu_no%3D2%26item_no%3D257782%26version%3D1%26template_id%3D57%26parent_id%3D56cid=1276145671ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNGorrVIeRjrE2PwNLxSlHFFRKT_EAimg src=http://news.google.com/news?imgefp=Gov97gSjz9sJimgurl=www.gulf-times.com/mritems/images/2008/11/30/2_257781_1_248.jpg width=80 height=47 alt= border=1brfont size=-2Gulf Times/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://7thspace.com/headlines/299085/wealthy_nations_others_behind_financial_crisis_must_take_responsibility_round_table_on_debt_told.htmlcid=1276145671ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNF7s0ywf9VESTmDuAdOrGp20g9vVgWEALTHY NATIONS, OTHERS BEHIND FINANCIAL CRISIS MUST TAKE b.../b/abrfont size=-1font color=#6f6f6f7thSpace Interactive (press release),nbsp;NYfont size=-1 class=ima href=/a/fontnbsp;-/font nobr10 hours ago/nobr/fontbrfont size=-1In introductory remarks, moderator Portugal said significant advances had been made since Monterrey, particularly on bdebt relief/b for the poorest countries. b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://mediaglobal.org/article/2008-12-02/amidst-financial-meltdown-doha-conference-gives-developing-countries-a-voicecid=1276145671ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNGMSV6ztRE73pfSiqCaVI9-Gphp2QAmidst financial meltdown, Doha Conference gives developing b.../b/a font size=-1 color=#6f6f6fnobrMediaGlobal/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://businessmirror.com.ph/index.php%3Foption%3Dcom_content%26view%3Darticle%26id%3D2682:recession-must-not-lead-to-human-crisis%26catid%3D23:topnews%26Itemid%3D58cid=1276145671ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNEu9-3a3uqpkpBMpD3wa8cLjidC_gâ€˜Recession must not lead to human crisisâ€™/a font size=-1 color=#6f6f6fnobrBusiness Mirror/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.usaid.gov/press/releases/2008/ps081130.htmlcid=1276145671ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNEIHprOh1T_MuXQZYt1oj7YgzAecgPress Statement From USAID Administrator, Henrietta H. Fore/a font size=-1 color=#6f6f6fnobrUSAID (press release)/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.capitalfm.co.ke/business/Local/Kenya-committed-to-Monterrey-Consensus-1210.htmlcid=1276145671ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNFv6tEmkmBNxRYGOrUWPXX-s8NeCAnobrCapital FM/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.kbc.co.ke/story.asp%3FID%3D54181cid=1276145671ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNHwu8hBoTKy_rxH-Q64hz_uR5oFkAnobrKenya Broadcasting Corporation/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276145671hl=ennobrall 362 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://rismedia.com/wp/2008-12-01/know-the-details-of-the-mortgage-forgiveness-debt-relief-act-2/cid=0ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNHJOJ47g2UudiQLsDdNP4p6U410GQKnow the Details of the Mortgage Forgiveness bDebt Relief/b Act/abrfont size=-1font color=#6f6f6fRisMedia.com (press release),nbsp;CTfont size=-1 class=ima href=/a/fontnbsp;-/font nobrDec 1, 2008/nobr/fontbrfont size=-1b.../b in December 2007, Congress stepped in to provide temporary brelief/b in the form of forgiving this bdebt/b, but only for the 2007, 2008 and 2009 tax years. b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.expressbuzz.com/edition/story.aspx%3FTitle%3DGovt%2Bto%2Brelease%2BRs%2B21.43%2Bcr%2Bfor%2Bdebt%2Brelief%26artid%3D1lszTVk554Y%3D%26SectionID%3D1ZkF/jmWuSA%3D%26MainSectionID%3DfyV9T2jIa4A%3D%26SectionName%3DX7s7i%257CxOZ5Y%3D%26SEO%3Dcid=0ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNEpAm5H66YMEpQ0MTgmpATfhN5KjgGovt to release Rs 21.43 cr for bdebt relief/b/abrfont size=-1font color=#6f6f6fExpress Buzz,nbsp;Indiafont size=-1 class=ima href=/a/fontnbsp;-/font nobr20 hours ago/nobr/fontbrfont size=-1THIRUVANANTHAPURAM: As per the recommendations of the Farmerâ€™s bDebt Relief/b Commission, the Government has disbursed Rs 14.11 crore so far, and it has been b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.thisdayonline.com/nview.php%3Fid%3D129604cid=0ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNHMPS6Db8mLflD4m-VNPH8v_KdRNAHIPC: Togo Gets bDebt Relief/b/abrfont size=-1font color=#6f6f6fTHISDAY,nbsp;Nigeriafont size=-1 class=ima href=/a/fontnbsp;-/font nobrNov 30, 2008/nobr/fontbrfont size=-1The statement said that Togo would receive interim bdebt relief/b from certain creditors, but in order to qualify for irrevocable bdebt relief/b at the completion b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:21993683~pagePK:64257043~piPK:437376~theSitePK:4607,00.htmlcid=1276399584ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNGyxxaeHNTkjueW_s7RBKz1w53sswHome gt; News gt; World Bank Launches Facility to Prevent .../abrfont size=-1font color=#6f6f6fWorld Bank Group,nbsp;DCfont size=-1 class=ima href=/a/fontnbsp;-/font nobrNov 30, 2008/nobr/fontbrfont size=-1The Bank also called on donor countries to meet their bdebt relief/b commitments. â€œThe bdebt relief/b provided by the World Bank and other creditors to heavily b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.monitor.co.ug/artman/publish/business/Parliament_warns_govt_against_external_debts_76108.shtmlcid=0ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNF7pIw7faCvcCcQmNlg3x8cBi1DwwParliament warns govt against external debts/abrfont size=-1font color=#6f6f6fDaily Monitor,nbsp;Ugandafont size=-1 class=ima href=/a/fontnbsp;-/font nobr4 hours ago/nobr/fontbrfont size=-1b.../b 100 per cent Ugandaâ€™s bdebt/b under the Highly Indebted bDebt Relief/b initiatives and the 2006 Multilateral bDebt Relief/b initiative less than five years ago. b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://online.wsj.com/article/SB122818833059071519.htmlcid=1276838332ei=ku81Sa2ZBJzI8ASD38WzDQusg=AFQjCNE5lz6Ly34Qx6c0IroTcjaRfk-hSwGoldman Faces Loss of $2 Billion for Quarter/abrfont size=-1font color=#6f6f6fWall Street Journalfont size=-1 class=ima href=/a/fontnbsp;-/font nobr10 hours ago/nobr/fontbrfont size=-1Over the years, Goldman has invested in everything from troubled auto loans in Thailand to the bdebt/b of a liquor maker in South Korea to struggling golf b.../b/font/div/font/td/tr/table

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