Buying Assets?

I had recently read a book that generalized the concept on how to become financially secure. In one of the chapters, they discussed the importance of knowing the difference between an asset and liability and buying assets to pay for liabilities instead of using your typical income. The different types of assets-explained in the book-were stocks, bonds, notes (IOU's), income-generating real estate, mutual funds, royalties, and owning a business that doesn't require your presence.
The book was called Rich Dad, Poor Dad by Robert T. Kiyosaki. With me being born with a middle class family that struggled with money, the information in the book was a HUGE eye-opener for me, and now I want to know more.
I have the desire and mindset, so now I am looking for knowledge from professionals and wisdom from the experienced. I need to know if there are any books covering these, and other, kinds of assets as well as a general idea on what they are.

The Richest Man in Babylon - saving & investing philosophy

The Millionaire Next Door - Study of the Habits & Traits of US Millionaires

Tags

　　Investment Account 　　Invest Money 　　Invest in Gold 　　Invest Fund 　　Income Fund 　　HYIP 　　High Yield 　　Hedge Fund

Related information

Exempt Interest on mutual funds are tax free, but would AMT affect all shareholders?

Exempt interest mutual funds yield exempt interest and there can be short term cap gain and long term cap gain. The interest is exempt from federal tax and depending on your state law could be exex...

Small business corporate tax.... will I pay twice?

ok, heres a few bits to get ya mind going. assuming its a limited company and not a sole trader. what you need to do, is take a minimum salary to use up your personal allowance, so if you are...

How can i get the symbol for cusip 353496 60 7 and cusip 746780 10 5. These appear to be mutual funds.?

The Franklin Fund is the US Government Securities Fund. The symbol is FKUSX. I typed the Putnam cusip into their site and nothing comes up. Go to Putnam's website and get their phone number...

Funding an LLC?

yes..!!! in malaysia it is perfectly legal to do such manouvre

...

Proposal for Funding a construction project?

Actually, you should hire a professional developer and make this a "joint-effort." An experienced developer knows what he's doing and will be better able to help you deal with the b...

Tax Saving Mutual Funds in India.?

That is not true. The current tax regime is EEE model and is expected to be replaced by EET model. But the Govt. is yet to implement it and hence it continues to be EEE model. Go through the fo...

OSAP funding and Assets?

They are counted as the same.

...

Short and Long Term on Microsoft stock?

I think Andy probably gave you your best advise. MSFT is not a stock that moves up and down a lot, so to hold onto it for another 3 months is probably not a big deal.....meaning at the worst it�...