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Robert Kiyosaki: Outside the Box Thinking

I came across this piece of writing from well-known author Robert Kiyosaki:

A few weeks ago, I was at a financial conference giving an investing talk. A hand from the audience shot up as I talked about returns on investments of 50 percent, 1,000 percent, and infinite returns. "That's a load of rubbish," shouted the person attached to the hand waving in the air.

I asked the participant to clarify what he thought was a load of rubbish.

"You can't get such high returns," he replied angrily. "I'm a financial planner, and I've never seen anyone achieve such returns."

"What kind of investments do you recommend for your clients?" I asked.

"I recommend a well-diversified portfolio of cash, stocks, bonds, and mutual funds," he replied indignantly. "That's why I ask you: How can you get such high returns from these investments?"

"Because I don't invest in those investments," was my reply.

Kiyosaki went on to explain some real estate projects where he is making really good returns. The issue isn't what Kiyosaki is making his money in; the issue is the defeatist attitude of that financial advisor waving his hand. The man had no creativity. His only experience or understanding was to accept what the "averages" were giving him in terms of stocks and bonds. Great traders, great entrepreneurs make things happen. They don't just sit around and accept the "average".

By michaelcovel.com