EVERYTHING BUNKER

Kiyosaki introduces the concept of assets and liabilities, emphasizing the significance of building assets (such as real estate, stocks, and businesses) that generate income, rather than accumulating liabilities (such as consumer debt and luxury items).

1. Add up the total valued of your cash and other assets. Items could be cash, stocks, bonds, DCs, 401(k), real estate, the money you're owed. Your goal is to determine how much these assets would be worth if you were to convert them into cash.
2. Then subtract all...

• What’s the value of the assets? Are there any hidden assets?

• How much debt is there to detract from these assets? (Creditors are first in

line.)

• Is the company taking on new debt, making the assets less valuable?

• Is there a raider in the wings to help shareholders ...