Rich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter. It advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence (financial IQ) . Reading this books gives you 1. Fundamentally stable mind 2.Focuses on buliding wealth from childhood 3.Financial freedom 4.A billionaire life Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki's life. The titular "rich dad" is purportedly his friend's father who accumulated wealth due to entrepreneurship and savvy investing, while the "poor dad" is claimed to be Kiyosaki's own father who he says worked hard all his life but never obtained financial security. However, no one has ever proven that Rich Dad, the man who supposedly gave Kiyosaki all his advice for wealth...
Trading Psychology P eople all over the world ikes to enter the Stock market to trade and become rich , but this is a common perspective of people who are hungry to earn money. We may have learned in our school days that how to start reading a lesson from the starting till the ending. Then how to prepare for our exams in a preplanned manner, so we have learned the lessons from the scratch and then started to first prepare for 2 marks , 5 marks and then 10 marks. The same strategy is going to work here in our share makets too. This is a part of trading that you won’t find in your daily charts but is vital for trading success. Psychology is all about human nature and emotions. Traders experience a range of emotions while trading, which affects their interaction with the markets. To become a successful trader, you need to learn to identify and then contain certain emotions like anger, greed, fear and panic. Positive thinking is essential and traders need to be able to cope wit...