Posted on June 9, 2008 at 12:12 am For the majority of us, we start our day by going to work and will only be back until late evening. For me, when I go to work, the sun is still sleeping, and when I come back, the sun already went to sleep. This already too place for more than 15 years. Reflecting to my current condition, I think I have to work until the day I drop dead. I read somewhere in Rich Dad Poor Dad by Robert Kiyosaki that one have to build its assets in order to get out of the rat race.  It was suggested that we  get assets to generate passive incomes for us. He believed that there are opportunities everyday provided you look hard enough. And he mentioned that you could actually lay your hands on properties that you can illl afford.If you want it badly, you will find a way.I would say," Easier said than done!". What he introduced sounds very risky to me. Should you be unable to raise the necessary capital in financing the properties concerned, you will be in hot soup. Does anybody follow or use his advice successfully? Or do you have any other easier method or strategy to get out of the rat race?

Posted on June 16, 2008 at 9:53 pm Join the mafia or some other organized crime organization. If that fails become a politician. They are similar and both will lead you out of the rat race eventually one way or the other. Problem solved.

Posted on September 27, 2008 at 5:55 pm I really get sick of these "passive income" schemes.You can usually see that the person who is pushing the idea, is making money pushing the idea and not actually practicing what he sells!

Posted on September 28, 2008 at 12:30 am "Passive Income" means income that keeps coming in regularly long after you've done the initial work. People earn interest on savings in the bank. Interest is passive income. Writers earn royalties from sales of books. Royalties are passive income. (and I think this is where Robert Kiyosaki made his money....) Musicians earn royalties from sales of CDs. Royalties are passive income. Shareholders earn dividends from shares. Dividends are passive income. Property Investors earn rental income from tenants. Rental income is passive income.   Where do you think these legal, legitimate income sources scams, DianaR?

Posted on January 14, 2009 at 11:34 pm Passive income is what retirement is based on!(Please, remember this is at a very basic level)You build $1,000,000 in assets, and you have that in some sort of money-making vehicle (savings accounts, mutual fund, whatever).  That $1,000,000 sits there, and it earns 4% every year.If you live off of $40,000/year, you live off passive income!Hopefully, we all manage to get more than 4%, but, that was just an example. ;)