Rich Dad Poor Dad | S5 – E32 | Lesson V | It Is Not Gambling

It is not gambling if you know what you’re doing. It is gambling if you’re just throwing money into a deal and praying. The idea in anything is to use your technical knowledge, wisdom, and love of the game to cut the odds down, to lower the risk. Of course, there is always risk. It is financial intelligence that improves the odds. Thus, what is risky for one person is less risky to someone else. That is the primary reason I constantly encourage people to invest more in their financial education than in stocks, real estate, or other markets. The smarter you are, the better chance you have of beating the odds.

Rich Dad Poor Dad

This is a quick message/podcast for all gamblers out there, including a family member. Why take ridiculous risks, betting on superficial sports that don’t have much ROI when you can do stocks.

Great opportunities are not seen with your eyes. They are seen with your mind. Most people never get wealthy simply because they are not trained financially to recognize opportunities right in front of them.

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