Five Personal Best Assets

The five best personal assets are health, house, career, money and gold.

Many people found this trap intuitively, but he found that the way to get rid of it is that I will get more salary, which will only make people fall deeper into the trap. Moreover, when we have a salary thinking, when we look at opportunities and look for opportunities, we tend to find those opportunities to make money more easily, but those opportunities that can build your own assets are often difficult for us to understand.

Deciding whether a thing is an asset or a liability depends on whether it can bring you continuous cash flow. In other words: assets are things that make money go into your pocket, and liabilities are things that make money go out of your pocket. Then one thing we have is to help you make money or spend money. If this thing can't help you make money, it is probably a debt.

The rest.

For real estate, it is necessary to distinguish between cash flow and asset appreciation because most people confuse the two. Therefore, when they invest, they only pursue asset appreciation, that is, they only pursue asset appreciation brought about by rising house prices, but they can't get cash flow. Because what kind of thinking a person has, what kind of choices and behaviors he will have.

Earning wages is linear income, that is, you get 1 hour for working, and 5 hours for working-your income is determined by your working hours. Stop, the income will stop, so this is a trap.