Make sure your liquid assets are really liquid

I have now played the cash flow game for real for over a year.

One of the lessons I learned just by watching my own finances was that I was able to borrow a ton of credit card money at zero percent interest for 6 to 9 months.

I then took the money and invested in "liquid" assets.

At first this was wonderful because I was making money and paying zero percent interest.

However, when the credit cards jumped up to the normal interest rate, I started to try and get my money out of some of my investments.

2008, as you know, has been the year where "liquid" investments aren't really that liquid.

I am still trying to get my money out of some of these investments, meanwhile, the interest on these credit cards and higher payments continue to eat me alive.

Lesson learned. When investing, always plan on the worst case scenario because it might become a reality.

Thanks,

Burke Bennett
http://www.seidahohomes.com/
burkebennett@hotmail.com
208 589 5599

Play Cash Flow For Real

One of the best games ever invented to teach you about personal investing and finances is Cash Flow 101, and Cash Flow 202.

Robert Kiyosaki is a genius when it comes to making accounting books brilliant.

I own both of these games, and I actually have all my personal finances on a sheet and play my version of a real life cash flow.

I highly recommend you buy both these games because no matter how much you may think you know about investing, these games will take your understanding to a new level.

Once you have mastered the games, play it for real.

What is your passive income? What are your expenses? Are you out of the rat race? Most people honestly don't have a clue where they are financially.

This will get you there.

Thanks Burke Bennett
http://www.seidahohomes.com
208 589 5599
burkebennett@hotmail.com