Hindi Financial Education's video: 6 Six Golden Rule of Investing by Robert Kiyosaki Guide to Investing

INVESTOR LESSON BASIC RULES OF INVESTING Basic Rule Number One “Investment basic rule number one,” said rich dad, “is to always know what kind of income you are working for.” For years, rich dad had always said to Mike and me that there were three different kinds of income: 1 . Ordinary earned income is generally derived from a job or some form of labor. In its most common form, it is income from a paycheck. It is also the highest-taxed income, so it is the hardest income with which to build wealth. When you say to a child, “Get a good job,” you are advising the child to work for ordinary earned income. 2 . Portfolio income is generally derived from paper assets such as stocks, bonds, and mutual funds. Portfolio income is by far the most popular form of investment income, simply because paper assets are easier to manage and maintain. 3 . Passive income is generally derived from real estate. It can also be derived from royalties from patents or license agreements. Yet approximately 80 percent of the time, passive income is from real estate. There are many tax advantages available for real estate. =================== 💰 Start Your Investment Journey with India’s Best Stock Brokers Open Demat Accounts 💰 Zerodha - https://zerodha.com/open-account?c=ZMPOUE =============== 💰 Upstox Demat Account Online (Free) - http://upstox.com/open-account/?f=M6M8 ============== 💰 5Paisa Demat Account https://www.5paisapartners.com/partners-elite?rcode=NTU1MjM2Mzk ============== 💰 Sotxkart https://www.stoxkart.com/cpc/open-demat-account.php?Lang=eng&ref=BDSTX0511 (No Profit No Brokerage) LET’S GET SOCIAL: 💻 My website & blog: https://sharemarkethindi.com/ 📸 Instagram: https://instagram.com/hindifinancial/ 📌 Facebook: https:// https://www.facebook.com/hindifinancialeducation 🐦 Twitter: https://twitter.com/hfe_official ✉ Telegram : http://t.me/hindifinancialeducation 🤗 SUBSCRIBE FOR NEW VIDEOS EVERY WEEK: https://www.youtube.com/channel/UCsUNye3mMDmKjY7IlaqeukA SUBSCRIBE ⬅️ 🛍Shop on Amazon – Check What I Bought for my Projects https://www.amazon.in/shop/hindifinancialeducation List of Books recommended: My All-time favorite Books 📚 📚 बेबीलोन का सबसे अमीर आदमी - https://amzn.to/2OKwEE5 📚रिच डैड पुअर डैड - https://amzn.to/2NOGk3S 📚 थिंक एंड ग्रो रिच (सोचे और अमीर बने )- https://amzn.to/2xJcOCC 📚रिच डैड गाइड टू इन्वेस्टिंग - https://amzn.to/2xH5Q0Y 📚रिच डैड कैश फ्लो कवाड्रेंट - https://amzn.to/2R4dryB 📚 द सीक्रेट ऑफ़ मिलियनर माइंड - https://amzn.to/2Y9xHWH --------------- GET IN TOUCH: Join Telegram Group For downloadable Content and Updates, feel free to email me at - Email: ask.smhindi@gmail.com WHO I AM: I'm Deepak Kumar, I love to share what I learn through my journey of learning "Finance" I am commerce graduate and very passionate about investing, personal finance, passive income, and financial freedom, About the Channel : Hindi Financial Education (sharemarkethindi.com) is a YouTube Channel, where you will find personal finance videos, Money Lesson, Investing and Financial Book Summary in Hindi, which helps you to manage your money, plan your finance in best way to get financial freedom, PS: Some of the links in this description are affiliate links - if used I will get a small commission at no cost to you. It's just one more way to support me and my channel. Thank you!