Should your HandPhone produce regular income? . Assalamualaikum... . First and foremost, before answering this question, lets examine whats worth investing? . If you read any of the book written by the famous financial guru, Robert T.Kiyosaki (stated in an interview with Jason Hartman in 2011 that he owns over 1400 units of apartment houses) you will be familiar with the term assets and liabilities. He said that asset is something that produce income and put money in your pocket regularly. . For example, your money in fixed deposit generate interest income every month. Therefore, you can call it an asset. How about owning a company shares? The company might declare dividend regularly, and you get a dividend income by owning its share. You can call it an asset. How about a property? It is an asset if you rent it out and get rental income every month. But if you are staying in it, Robert says that the property you are currently staying in is a liability. The logic is simple - if there is no income generated from the property, it is a liability. . Apparently, you would like to invest all your money into assets. Asset generates income so your money will grow. . Now by understanding what asset is about, according to Robert, who is currently the best financial educator most of us know, lets examine HandPhone as an asset class. Is HandPhone consider an asset? Does it produce regular income?
Posted on: Sat, 28 Jun 2014 09:31:30 +0000
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