Thursday 12 November 2009

Money is the worst thing to save

Today I watch a video by Robert Kiyosaki (below) which I really think you should watch.

I know that I have been banging on about this for a long time, but the more we realise that money is an illusion with no real value, the better prepared we can be to become truly free and wealthy.

You see when you realise that money has no real value, then you start to save assets that do have value instead of believing the illusion. Why do you think that the banks look to secure the money they lend against assets? Simply because the money has not value without the assets attached!

So when you borrow money against your home, a car, jewellery etc, you are creating the value in the money. Isn't it better therefore to accumulate the assets instead of the money?

Ways to do this are to buy assets that are attached to real "money" things like gold, silver, platinum, property etc.

One thing to bare in mind is that the Swiss Franc is currently still on the gold standard, so a Swiss Franc bank account wouldn't be a bad idea.

Watch this video and let me know your thoughts.