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      <title>Rich Dad Education Blog</title>
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      <copyright>Copyright 2012</copyright>
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            <item>
         <title>Presenting Your Property –Staging and Landscaping</title>
         <description><![CDATA[<p>It is always a shame when you leave profits on the table. This is particularly true in the area of real estate investing. Many entering into the real estate arena spend time learning strategies, putting together a Power Team, and acquiring marketing skills. Meanwhile, they relentlessly make offers until they find their deal. After they have acquired their property, and despite all of their hard work, few fully maximize their potential profits because they don’t take the time to properly present their property. Novice real estate investors should not feel alone, as many veterans make the same mistake, too.</p>

<p>The little extra touch that goes into the presentation of the property can dramatically alter its perceived value. When the presentation is properly executed, properties move faster, and sell and rent for more. This all leads to more profits for the investor. As a real estate investor, you have invested the time; now, just spend those few extra hours on the fine tuning that makes a big difference in your bottom line.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2012/01/presenting_your_property_stagi.php</link>
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         <category>Articles</category>
         <pubDate>Thu, 19 Jan 2012 08:37:08 -0500</pubDate>
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            <item>
         <title>Iron Condors</title>
         <description><![CDATA[<p>The number of things a sophisticated trader can do with simple calls and puts is truly amazing. The buying and selling of calls or puts can be combined in numerous option strategies, each offering its own unique way of capitalizing on the various market conditions a trader will encounter. The key for any option strategy is to know what market conditions a particular strategy should be utilized, how to execute the strategy, and whether the option strategy fits within a trader’s risk parameters.</p>

<p>One of the more popular option strategies is the Iron Condor. The Iron Condor’s popularity stems from the cash flow and potential monthly income it can generate. The Iron Condor is simply the combination of two of the first strategies that beginning traders learn:, the bull-put spread and the bear-call spread. These two credit spreads are used in different market conditions. If the broader markets are at least moderately bullish and your underlying stock is also moderately bullish, then the bull-put spread is a viable option strategy. Conversely, if the broader markets are at least moderately bearish and your underlying stock is also moderately bearish, then the bear-call spread is a viable option strategy. These two basic credit spreads serve as the basis of numerous trades that option traders make, as they can capture profits in both market conditions.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2012/01/iron_condors.php</link>
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         <category>Articles</category>
         <pubDate>Thu, 19 Jan 2012 08:34:03 -0500</pubDate>
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            <item>
         <title>The Power of a Quote</title>
         <description><![CDATA[<p><em>He said, “Raise your price. Make it ridiculous. That would make people perceive it as value.” ~Robert Kiyosaki </em></p>

<p>The power of a quote should never be underestimated. Sometimes quotes serve as simple inspiration, allowing individuals to find motivation or maintain a positive attitude in turbulent times. Other times, quotes change the direction of lives by inspiring new careers, changing bad personal habits, and helping put importance on things that truly matter. Quotes can also transform the mindset of an individual so they fundamentally see the world differently than they ever had before.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2012/01/the_power_of_a_quote.php</link>
         <guid>http://www.richdadeducationblog.com/2012/01/the_power_of_a_quote.php</guid>
         <category>Articles</category>
         <pubDate>Thu, 19 Jan 2012 08:32:02 -0500</pubDate>
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         <title>Commercial Real Estate</title>
         <description><![CDATA[<p>Too often investors are one-dimensional in their approach to real estate investing. While these investors are light years ahead of individuals who take no action, these investors are still potentially limiting their success. One-dimensional investors also potentially limit their personal satisfaction by not exploring additional areas of real estate investing. You should never let the fear of the unknown, or a lack of confidence in your own ability, prevent you from exploring new areas of financial investment.</p>

<p>Commercial real estate is one area of real estate investing that is often overlooked. Many individuals bypass even investigating commercial real estate, simply because the topic intimidates them. This is unfortunate because commercial real estate can be a tremendous source of cash flowa primary reason many investors get involved with real estate in the first place. Many who have braved the world of commercial real estate have found they are able to generate more cash flow and wealth through commercial real estate then through any other real estate strategy, and that commercial real estate t is actually fairly straightforward and easy to learn. </p>

<p>Never limit yourself because of a lack of knowledge, or fear that an area of investing is too big for you. By learning the basics of commercial real estate, you can determine if this is an area that interests you, and one that might work for you.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/12/commercial_real_estate.php</link>
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         <category>Articles</category>
         <pubDate>Tue, 27 Dec 2011 09:12:21 -0500</pubDate>
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         <title>Option Strategies – The Straddle and Strangle</title>
         <description><![CDATA[<p>One of the most intriguing things about options trading is the variety of choices available to the educated trader. With dozens of option strategies available, competent traders can analyze the market conditions, their personal risk tolerance, and their financial objectives, and then choose the option strategy that best fits all criteria. Some traders find one or two option strategies that work best for them, while others utilize numerous strategies depending on the market situation they encounter.</p>

<p>The key for any option strategy is to know the market conditions that need to be present to use the strategy, to know how to execute the strategy, and to know whether the strategy fits within their risk parameters. When a trader anticipates a move to the upside, there are several strategies that the trader can utilize. For example, a trader may buy the stock, purchase a call, or use a bull-call spread. Correspondingly, when a trader anticipates a move to the downside, they may short the stock, purchase a put, or use a bear-call spread. The choice in strategy often depends on the trader’s personal trading rules, based on their risk tolerance and financial objectives. </p>

<p>There are also market conditions that many traders encounter when they anticipate a large movement in the price of a stock but are unsure of what direction the price will go. For example, the earnings report of a stock may be coming up, and a trader’s analysis indicates that a potential large movement may occur based on what the earnings report shows. A trader may also encounter a very volatile market and want to use option strategies that will allow them to profit from a rise in volatility. In these situations, some of the most widely used option strategies are the straddle and strangle.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/12/option_strategies_the_straddle.php</link>
         <guid>http://www.richdadeducationblog.com/2011/12/option_strategies_the_straddle.php</guid>
         <category>Articles</category>
         <pubDate>Tue, 27 Dec 2011 09:07:59 -0500</pubDate>
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            <item>
         <title>Goal Setting</title>
         <description><![CDATA[<p>Outstanding individuals have a vision of who they want to become, and what they want to accomplish. Regardless of the circumstances they find themselves in, they dare to dream of a better life and becoming a better human being. While they may occasionally look out a window and daydream of the day that this occurs, they remain focused on their vision for their life and steadily work each day to reach their destination. </p>

<p>The end of each calendar year marks the time that many individuals reflect on what they have accomplished during the past year and set goals for what they wish to do in the coming year. For people that have a clear vision of what they want to accomplish in life, the setting of goals for a coming year is an exciting time. They can take the time to measure what they have accomplished, analyze what still needs to be done, and outline the steps they will take in the coming year to get them closer to what they want in life. For those just starting out on a newly formed vision, the setting of goals is an essential activity. Goals can give direction, provide motivation, and help you create the working template of what you want to accomplish and who you want to be.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/12/goal_setting_1.php</link>
         <guid>http://www.richdadeducationblog.com/2011/12/goal_setting_1.php</guid>
         <category>Articles</category>
         <pubDate>Tue, 27 Dec 2011 09:04:17 -0500</pubDate>
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         <title>Cash Flow and Rental Properties</title>
         <description><![CDATA[<p>Cash flow is one of the primary reasons people are attracted to real estate investing. In their desire to escape the rat race, many real estate investors have the primary goal of generating enough cash flow so their expenses are covered by the income they generate. Once this occurs, they can take that true first step towards a state of financial independence for perhaps the first time in their life. The process of transitioning from earning a paycheck to replacing it with real estate income may not happen overnight, but it will happen if you have the dedication and acquire the how-to knowledge of becoming a successful real estate investor.</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/11/cash_flow_and_rental_propertie.php</link>
         <guid>http://www.richdadeducationblog.com/2011/11/cash_flow_and_rental_propertie.php</guid>
         <category>Articles</category>
         <pubDate>Mon, 14 Nov 2011 14:18:39 -0500</pubDate>
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            <item>
         <title> Option Strategies – Covered Call and Married Put</title>
         <description><![CDATA[<p>One of the most intriguing things about options trading is the variety of choices available to the educated trader. With dozens of option strategies available, competent traders can analyze the market conditions, their personal risk tolerance, and their financial objectives, and then choose the option strategy that best fits all criteria. Some traders find specific option strategies that work best for them, and others utilize numerous strategies depending on the market situation they encounter.</p>

<p>	The key for any option strategy is to know the market conditions that need to be present to use the strategy, how to execute the strategy, and whether the strategy fits within their risk parameters. There will always be a little terminology to learn with any strategy, but once you get the basics down, you will discover the terminology becomes easier and easier with each strategy that you learn.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/11/_option_strategies_covered_cal.php</link>
         <guid>http://www.richdadeducationblog.com/2011/11/_option_strategies_covered_cal.php</guid>
         <category>Articles</category>
         <pubDate>Mon, 14 Nov 2011 14:13:48 -0500</pubDate>
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            <item>
         <title>Never Close Doors</title>
         <description><![CDATA[<p>In a very popular song written by David Coe (and later covered by Johnny Paycheck), the artist laments how his boss is a “riggity dog” and how the “lineboss is a fool” as he sings that he can’t wait to see their faces when he gets up the nerve to say:</p>

<p><em>“Take this job and shove it. I ain't working here no more”</em></p>

<p>You may never have heard of David Coe, or even heard the lyrics to the song, but undoubtedly the reference will be familiar to you as it has become part of our culture. There are countless scenes in movies and television shows where characters emotionally tell off their bosses. These characters have reached their limit, and leave a job despite having no viable opportunities in front of them. </p>

<p>Oftentimes, when these scenes are played out on the screen, those watching laugh and cheer on the person quitting in such a rage—perhaps because we admire the temerity of such an individual or in part relate on all too real of a level. While we might not have fanaticized in graphic detail on how we might quit our present jobs (or maybe far too many of us have), it is likely that anyone reading this newsletter has dreamt, planned, and is working on ways to get out of our current line of work. After all, there is nothing in the Rich Dad philosophy that celebrates remaining in the E quadrant for life. <br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/11/never_close_doors.php</link>
         <guid>http://www.richdadeducationblog.com/2011/11/never_close_doors.php</guid>
         <category>Articles</category>
         <pubDate>Mon, 14 Nov 2011 14:03:56 -0500</pubDate>
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         <title>The Power of Passive Income</title>
         <description><![CDATA[<p>One of the first principles taught to Robert Kiyosaki by his Rich Dad was the Cashflow Quadrant®. The quadrant is made up of the four different people who make up the world of business. The first box of the quadrant holds the E’s, or employees. According to Robert’s Rich Dad, these individuals could be identified by their core values,  variations of the saying, “I’m looking for a safe and secure job with benefits.” These values can be identified in positions at every level of the company, from the very bottom all the way up to CEO. </p>

<p>Recent years should have illustrated clearly the fallacy of the “safe and secure job,” but that mindset undoubtedly will remain for millions of workers in America. Even if we assume for arguments sake that a person’s job is safe, the fundamental problem that so many individuals have in building wealth is that they simply are earning a paycheck. Individuals in our society often put long and tedious hours into the earning of that paycheck, and usually create a lifestyle to match the earnings of that paycheck. They invest their time into their core value of security, create a lifestyle to match their earnings, and get caught in the proverbial rat race of life.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/10/the_power_of_passive_income.php</link>
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         <category>Articles</category>
         <pubDate>Mon, 17 Oct 2011 08:51:49 -0500</pubDate>
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         <title>Option Strategies - The Bull Call Spread</title>
         <description><![CDATA[<p>One of the most intriguing things about options trading is the variety of choices available to the educated trader. With dozens of option strategies available, this type of trader can analyze the market conditions, their own personal risk tolerance, and then choose the option strategy that best fits all criteria. Some traders find specific option strategies that work best for them, and others utilize numerous strategies dependant upon the market situation they encounter.</p>

<p>	The key for any option strategy is to know in what market conditions to use the strategy, how to execute it, and whether the strategy fits within their risk parameters. There will always be a little terminology to learn with any strategy, but once you get the basics down, you will discover it becomes easier and easier with each strategy that you learn.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/10/option_strategies_the_bullcall.php</link>
         <guid>http://www.richdadeducationblog.com/2011/10/option_strategies_the_bullcall.php</guid>
         <category>Articles</category>
         <pubDate>Mon, 17 Oct 2011 08:47:31 -0500</pubDate>
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            <item>
         <title> Do What You Love and Success Will Follow</title>
         <description><![CDATA[<p>Earlier this month, iconic Oakland Raider owner Al Davis passed away. Football fans around the world owe a debt of gratitude to Al Davis, as the professional game we now enjoy achieved its success due in no small part to Mr. Davis’ work. Professional football lost a legend this month, and a personality that will never be replaced. </p>

<p> Al Davis spent his entire life doing what he loved. Upon graduation from college, he started coaching at Adelphi College, and spent the next sixty years involved in football. He is the only person to ever serve in professional football as a scout, personnel assistant, assistant coach, head coach, general manager, commissioner, and team owner. He was rewarded for his lifetime of service with induction to the Pro Football Hall of Fame in 1992.<br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/10/_do_what_you_love_and_success.php</link>
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         <category>Articles</category>
         <pubDate>Mon, 17 Oct 2011 08:43:11 -0500</pubDate>
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         <title>Lease Options</title>
         <description><![CDATA[<p>For the last several months, this newsletter has discussed areas in real estate that are overlooked or underutilized. Too often, many novice real estate investors only utilize the buy-fix-sell model simply because it is comfortable and easy. The knowledge acquired from buying homes, fixing them up, and successfully selling them provides invaluable real estate investing experience.  This experience not only provides immediate profits, but benefits the investor no matter what strategy is later utilized. For many investors, however, this soon ends up feeling too much like a job rather than an investing career.</p>

<p>This feeling is understandable, since the buy-fix-sell model prevents an investor from generating the cash flow necessary to escape the rat race. There is no true wealth-generation in this model, and no real assets are accumulated. While financial necessity or lack of experience may force the utilization of this model, many real estate investors begin to seek other alternatives or exit strategies. <br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/09/lease_options.php</link>
         <guid>http://www.richdadeducationblog.com/2011/09/lease_options.php</guid>
         <category>Articles</category>
         <pubDate>Thu, 22 Sep 2011 07:36:40 -0500</pubDate>
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         <title>A Beginners Guide to Options</title>
         <description><![CDATA[<p>In 1973, the Chicago Board of Trade (CBOT) opened the Chicago Board Options Exchange (CBOE), and the modern era of options trading began. Since its inception, options trading has exploded in popularity.  In recent years, billions of options contracts have been cleared annually. As more and more investors seek to control their own financial future, options become one of the first investment vehicles that new investors investigate.</p>

<p>	If the incredible popularity of options had to be summed up in one word, it would have to be leverage. For an example of leverage, let’s assume that you have $2,000 to invest. You are interested in purchasing shares in company XYZ that is currently trading at $50. If you were to simply buy shares of stock, then you would only be able to purchase 40 shares. However, let’s assume that the $50 strike price call options are going for $2. With options leverage, you could buy 10 contracts (each contract equals 100 shares) at $2 per share, and control 1,000 shares. The power of leverage and options in this scenario would allow you to control 25 times more stock for the same investment. <br />
</p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/09/a_beginners_guide_to_options.php</link>
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         <category>Articles</category>
         <pubDate>Thu, 22 Sep 2011 07:33:58 -0500</pubDate>
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         <title>If at First You Don’t Succeed…</title>
         <description><![CDATA[<p>Michael Jordan was cut from his high school basketball team. No matter how many times you read that sentence, it still is amazing. The man who would go on to win six championships, five MVP awards, ten scoring titles, and be named by ESPN as the greatest North American athlete of the 20th century, did not even make his high school basketball team his sophomore year. He was deemed too short to play at that level.</p>

<p>Being cut from an amateur athletic team produces a variety of responses in young men and women—for Jordan, he used it as motivation. He trained vigorously, set his goals high, and the rest is history. He never let go of the motivating influence of being cut from the team, as was illustrated many years later during his Hall of Fame induction speech.  Jordan unceremoniously chided the high school basketball coach who had cut him. That act might have been petty, but it was obvious that the motivation created from being cut had long survived. </p>]]></description>
         <link>http://www.richdadeducationblog.com/2011/09/if_at_first_you_dont_succeed.php</link>
         <guid>http://www.richdadeducationblog.com/2011/09/if_at_first_you_dont_succeed.php</guid>
         <category>Articles</category>
         <pubDate>Thu, 22 Sep 2011 07:30:03 -0500</pubDate>
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